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Latest Update: Wednesday, July, 09th 2008

Companion Bill HB4212. Lottery, Scholarships and Programs - Creates the "Tennessee student assistance award fund," to be funded with lottery proceeds, to help provide more student assistance grants; provides for $200 million being transferred from lottery for education account to Tennessee student assistance award fund on July 1, 2008. - Amends TCA Title 9, Chapter 4, Part 6 and Title 49, Chapter 4, Part 9. Fiscal Summary for SB4197 / *HB4212Other Fiscal Impact - Transfers $200,000,000 from the Lottery for Education Account to the Tennessee Student Assistance Award Fund, for the purpose of funding additional Tennessee Student Assistance Awards. This transfer will reduce the amount of funding available for eligible recipients of other HOPE scholarships and grants. Increases the expenditure of funds from the Tennessee Student Assistance Award Fund by approximately $10,000,[...]

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Latest Actions
  • 05/06/2008 - Recommended For Passage Referred to: Senate Calendar Comm.
  • 04/30/2008 - Action Deferred in Senate F,W&M Comm. to next Calendar
  • 04/29/2008 - Placed on Senate Finance, Ways and Means Comm. Calendar for 04/30/2008
  • 04/23/2008 - Action Deferred in Senate Finance, Ways and Means Comm. to 4/30/2008
  • 04/23/2008 - Placed on Senate Finance, Ways and Means Comm. Calendar for 04/23/2008

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Bill Text
File name Last Updated
SB4197 Bill Text PDF02/04/2008

Fiscal Notes
File name Last Updated
Fiscal Memo - Amendment 1-0 to HB421204/29/2008
HB4212 Fiscal Notes PDF02/23/2008