HB1423 - Tennessee: Education, Education, Dept. Of, Foster Care

Companion Bill SB1786. Education - Establishes a foster child scholarship program to provide tuition assistance to children in foster care. - Amends TCA Title 37 and Title 49. Fiscal Summary for HB1423 / *SB1786Increase State Expenditures - $49,500/Comptroller Increase Local Govt. Expenditures* - $121,800 Other Fiscal Impact - Shift in state BEP funding from one LEA to another LEA or from one LEA to a non-public school. For the LEA losing the foster child, the LEAs revenue would decrease; however this would be offset by a decrease in LEA expenditures. LEA revenues and expenditures would increase for the LEA gaining the foster child. The cost of funds shifted is estimated to be approximately $2,502,100. Bill Summary for HB1423 / *SB1786 This bill creates a foster child scholarship program designed to ensure that a foster child continues to attend [...]

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