Education, Higher - As introduced, requires the Tennessee student assistance corporation to submit an annual report, by July 31 each year, to legislative committees having jurisdiction over postsecondary education detailing, for each of the five immediately preceding academic years for which the corporation awarded scholarships, the amount appropriated by the general assembly for the scholarship program, the total number of scholarship applications received by the corporation, the total number of scholarship recipients, and the average scholarship award amount. - Amends TCA Title 49.
SB 603 requires Tennessee's Student Assistance Corporation (TSAC) to annually report scholarship program data to legislative education committees. The report must detail, for each of the five prior academic years, the total state appropriations for scholarships, number of applications received, number of recipients, and average award amount. TSAC must submit this report by July 31 each year, starting in 2025. This bill directly affects TSAC's reporting obligations and provides transparency on scholarship program funding and participation for lawmakers.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2025
Last action Apr 21, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
5
Committee
7
Apr 21, 2025
Committee
Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
lower
Apr 17, 2025
Lower · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
lower
Apr 14, 2025
Lower · Passed
Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
lower
Apr 14, 2025
Lower · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
lower
Mar 12, 2025
Upper · Passed
Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 9, Nays 0 PNV 0
upper
Mar 5, 2025
Lower · Passed
Placed on Senate Education Committee calendar for 3/12/2025
lower
Feb 12, 2025
Committee
Passed on Second Consideration, refer to Senate Education Committee
upper
Feb 10, 2025
Introduced
Introduced, Passed on First Consideration
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Paul Bailey
RRepublican
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