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Companion Bill SB3332. Lottery, Scholarships and Programs - Creates "Tennessee lottery funds for education projects loan account"; deems accumulated funds in special reserve subaccount of lottery for education account excess; transfers funds to Tennessee lottery funds for education projects loan account to be used in support of educational capital outlay projects. - Amends TCA Title 4, Chapter 31; Title 4, Chapter 51; Title 8, Chapter 4; Title 9, Chapter 4 and Title 49. Fiscal Summary for *HB3120 / SB3332Other Fiscal Impact - There would be no change to lottery proceeds as a result of this bill. However, there could be a shift of use for funds that are currently earmarked exclusively for making or supporting loans to local government units for educational programs and purposes in accordance with the Constitution, to an additional purpose of making up any deficient payments [...]

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Latest Actions
  • 04/23/2008 - Taken Off Notice For Calendar in: Education Committee
  • 04/16/2008 - Placed on Calendar Education Committee for 04/23/2008
  • 04/16/2008 - Action Deferred in Education Committee to 4/23/2008
  • 04/09/2008 - Placed on Calendar Education Committee for 04/16/2008
  • 04/09/2008 - Action Deferred in Education Committee to 4/16/2008

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Bill Text
File name Last Updated
HB3120 Bill Text PDF01/21/2008

Fiscal Notes
File name Last Updated
SB3332 Fiscal Notes PDF01/24/2008