Tennessee HB0966 amends lottery fund allocation to create special accounts for K-12 and early learning programs.
Tennessee HB0966 amends the allocation of lottery funds to establish two special accounts: the K-12 lottery capital outlay special account and the early learning program account. These accounts are intended to supplement, not replace, non-lottery educational resources. Funds exceeding $250 million in the general shortfall reserve and special reserve subaccounts are designated as excess lottery funds and must be equally distributed between these two accounts.
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- Legal Framework
- Critical Issues
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