SB 840: Lottery, Scholarships and Programs - As introduced, creates two special accounts in the state treasury, the K-12 lottery capital outlay special account and the early learning program account, for excess lottery funds; requires the comptroller of the treasury to develop and administer a program to provide grants from such accounts to local education agencies to be used for capital outlay projects for K-12 educational facilities and for new or existing pre-K programs. - Amends TCA Title 4, Chapter 51; Title 8, Chapter 4; Title 9 and Title 49.

Plain-language summary

SB 840 is a bill introduced in the Tennessee Senate on February 4, 2025. According to its official title, it concerns: Lottery, Scholarships and Programs - As introduced, creates two special accounts in the state treasury, the K-12 lottery capital outlay special account and the early learning program account, for excess lottery funds; requires the comptroller of the treasury to develop and administer a program to provide grants from such accounts to local education agencies to be used for capital outlay projects for K-12 educational facilities and for new or existing pre-K programs. - Amends TCA Title 4, Chapter 51; Title 8, Chapter 4; Title 9 and Title 49. Primary sponsor: Page Walley (Republican). Most recent recorded action (February 17, 2026): Assigned to General Subcommittee of Senate Education Committee.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written