SB1014 amends Tennessee law to address the use of underutilized or vacant properties by child care facilities.

SB1014 amends Tennessee law to establish procedures for local education agencies (LEA) to list underutilized or vacant properties and for child care facilities to lease or purchase these properties. LEAs must submit a comprehensive list of such properties to the Department of Human Services and the Comptroller of the Treasury, which then makes the list available to child care facilities. Child care facilities can lease or purchase these properties at or below fair market value, with the LEA having the right of first refusal to repurchase the property if the facility closes.

SB1014 amends Tennessee law to address the use of underutilized or vacant properties by child care facilities.

SB1014 amends Tennessee law to establish procedures for local education agencies (LEA) to list underutilized or vacant properties and for child care facilities to lease or purchase these properties. LEAs must submit a comprehensive list of such properties to the Department of Human Services and the Comptroller of the Treasury, which then makes the list available to child care facilities. Child care facilities can lease or purchase these properties at or below fair market value, with the LEA having the right of first refusal to repurchase the property if the facility closes.