Tennessee HB1385 amends education funding regulations by requiring detailed annual financial reports from certain school support organizations.
Tennessee HB1385 modifies education funding regulations by mandating that school support organizations and groups claiming to be such must submit annual financial reports to the Department of Education by July 1. These reports must detail the organization's receipts and expenditures. Exceptions are made for booster clubs, parent teacher associations, parent teacher organizations, and parent teacher support associations. The Department of Education is required to publish these reports for at least three years. The act takes effect immediately upon becoming law.
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