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TN HB0148

Bill

Status

Introduced

1/14/2025

Primary Sponsor

Mark White

Click for details

Origin

House of Representatives

114th General Assembly

AI Summary

  • Converts the Tennessee Promise completion grant program from a four-year pilot to a permanent program by removing "pilot" designations from existing law

  • Creates the "Tennessee Promise completion grant special account" in the state treasury, with unexpended balances and investment interest carried forward rather than reverting to the general fund

  • Prohibits use of state lottery proceeds for completion grants; allows funding from the special account and unexpended balances of the qualified work-based learning grant fund

  • Caps completion grants from the work-based learning grant fund at $250,000 per fiscal year, with a minimum $250,000 balance required on July 1 of each year

  • Beginning fiscal year 2025-2026, requires each college coaching initiative student to be assigned a coach and provides Pell grant-eligible students access to completion grants of up to $1,000 per semester

Legislative Description

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 49; Title 49, Chapter 4 and Title 49, Chapter 7, relative to Tennessee Promise scholarship students.

Tennessee Higher Education Commission

Last Action

Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025

4/9/2025

Committee Referrals

Finance, Ways & Means Subcommittee3/26/2025
Finance, Ways & Means3/25/2025
Education2/12/2025
Higher Education Subcommittee2/5/2025
Education1/16/2025

Full Bill Text

No bill text available