SB0927 - Tennessee: Lottery, Scholarships And Programs, Tennessee Student Assistance Corporation

Companion Bill HB0426. Lottery, Scholarships and Programs - Requires TSAC to provide training for high school counselors in performing functions necessary to TSAC's duties in administering lottery scholarships and grants; requires TSAC to establish grant program to fund employment of additional school counselors to assist in administering lottery scholarships and grants. - Amends TCA Title 49, Chapter 4, Part 9. Fiscal Summary for SB0927 / *HB0426 Other Fiscal Impact - Increases the expenditure of lottery proceeds earmarked for scholarships and grants by $6,800,000 in FY07-08 and $6,800,000 in FY08-09. Bill Summary for SB0927 / *HB0426 This bill requires the Tennessee Student Assistance Corporation (TSAC) to annually provide training to high school counselors concerning high school academic requirements for initial lottery scholarship and grant [...]

show full description