TN HB2532

Expands eligibility for education scholarships to students enrolled in any grade K-12, amending the existing definition in Tennessee Code

Caps scholarships at 40,000 for the 2026-2027 school year, subject to appropriation, with priority given according to existing eligibility requirements

Requires the governor to elect participation in the federal education tax credit program under The One, Big, Beautiful Bill Act (26 U.S.C. § 25F) by December 31, 2026

Mandates ongoing compliance with all federal requirements to maintain Tennessee's participation in the federal education tax credit program

Takes effect immediately upon becoming law