Local Education Agencies - As introduced, requires an LEA in which a child care facility operates to submit a comprehensive list of all underutilized or vacant property to the department of human services and the comptroller of the treasury and to make the list available to each child care facility operating in the LEA; grants certain owners of a child care facility that operates in an LEA a first or second right of refusal to lease or purchase underutilized or vacant property listed by the LEA. - Amends TCA Title 49 and Title 71.

HB 698 requires Local Education Agencies (LEAs) to submit comprehensive lists of underutilized or vacant properties to the Department of Human Services and Comptroller. It grants child care facilities (owned by individuals, not corporations) a right of first or second refusal to lease or purchase such properties at fair market value for child care services. The bill mandates fair market value be determined by two independent appraisals and specifies that leased properties must be used exclusively for child care, with maintenance and capital repairs responsibilities clearly defined. This directly affects non-corporate child care providers seeking affordable space within LEA districts.