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Latest Update: Wednesday, July, 23rd 2008

Companion Bill SB2335. Lottery, Scholarships and Programs - Enacts the "Tennessee Schoolhouse Trust Fund Act of 2007" and the "Tennessee Lottery Education Project Loan Program". - Amends TCA Title 4, Chapters 31 and 51; Title 8, Chapter 4; Title 9, Chapter 4 and Title 49. Fiscal Summary for *HB2357 / SB2335Other Fiscal Impact - The fiscal impact of this bill is dependent upon a one-time transfer of $100,000,000 from the Lottery for Education Account (net lottery proceeds) to the Tennessee Schoolhouse Trust Fund Account. The $100,000,000 transfer has been included in the Governors FY07-08 Budget Document. Given this transfer, there will be increases to one-time and recurring state expenditures of approximately $885,000 and $640,200 respectively for FY07-08. The increase to recurring state expenditures for FY08-09 is estimated to be $3,410,700. These additional state expenditures [...]

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Latest Actions
  • 05/22/2007 - Action Deferred in Education to Select Oversight Committee on Education
  • 05/16/2007 - Placed on Calendar Education Committee for 05/23/2007
  • 05/16/2007 - Action Deferred in Education Committee to 5/23/2007
  • 05/09/2007 - Placed on Calendar Education Committee for 05/16/2007
  • 05/09/2007 - Action Deferred in Education Committee to 5/16/2007

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Bill Text
File name Last Updated
HB2357 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
SB2335 Fiscal Notes PDF10/27/2007