From official state and federal legislative records. Informational only, not legal advice.
Now law
This is now an official law, recorded in the state's law books.
The governor signed it. Nothing left to watch.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Fiscal Summary OTHER FISCAL IMPACT It is unknown how often the Public Charter School Commission would require local education agencies to provide services or the associated reimbursable costs; therefore, reimbursements may result in an unknown increase in state expenditures and corresponding increase in local revenue. Bill Summary This bill makes various changes and additions to present law concerning public education, as follows: (1) Present law provides that one member of the state board of education be a public high school student who is appointed to a one-year term by the governor and selected from nominees chosen by the local board of education in each school system. This bill authorizes the Tennessee public charter school commission to nominate a student for the governor's consideration and clarifies that local boards may nominate charter school students; (2) Present law requires a local board of education to cause an annual audit to be made of the accounts and records of all schools under its jurisdiction that receive and disburse funds. The audit must include student activity funds. This bill adds that, if a school, including a public charter school, has less than $50,000 in combined total funds from the internal school fund and student activity fund then the school is not required to conduct a separate audit for each of those funds and may include the audit of all such funds in the general audit for each school; (3) Present law concerning the system of financial accounting and reporting for LEAs establishes a process for LEAs to report various financial information to the commissioner of education. If the LEA does not make the required reports, no distribution of state funds is made to that LEA for the current or the preceding school year. This bill revises and adds to the reporting requirements, most signif