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Latest Update: Wednesday, July, 23rd 2008

Companion Bill SB4197. 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 *HB4212 / SB4197Other 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
  • 05/14/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/15/2008
  • 05/07/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to Lottery Calendar
  • 04/30/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/07/2008
  • 04/30/2008 - Assigned to Subcommittee Budget of FW&M
  • 04/23/2008 - Recommended for Passage if Am. Referred to: Finance, Ways & Means Committee

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Bill Text
File name Last Updated
Amendment 1-0 to HB421204/25/2008
HB4212 Bill Text PDF02/05/2008

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