Tennessee 2023-2024 Regular Session

Tennessee Senate Bill SB0385

Caption

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 7, relative to the local option sales tax.

Impact

If enacted, SB0385 would alter the existing education funding formulas, adjusting the way state funding is distributed among school districts. This bill proposes to shift resources toward schools that serve a larger population of low-income students, English language learners, and other marginalized groups. The implications of these changes could mean significant increases in funding for under-resourced districts, potentially transforming the educational landscape in those areas. However, this reallocation might raise concerns among higher-funded districts, creating a complex dialogue about the balance of fairness versus adequacy in education funding.

Summary

SB0385 proposes significant reforms to the state's education financing system, aiming to improve the distribution of funds across school districts to ensure more equitable access to resources. The bill outlines a framework for adjusting funding allocations based on student needs, demographics, and district economic status. Proponents argue that this model will not only provide disadvantaged schools with the necessary financial support but also incentivize better educational outcomes across the board. By promoting funding equity, SB0385 seeks to close achievement gaps that have persisted in the state's public education system for years.

Sentiment

The sentiment surrounding SB0385 is largely optimistic among education advocates who believe that equitable funding is essential for improving educational quality. Many supporters, including parent and teacher organizations, hailed the bill as a necessary step toward rectifying systemic inequities in the education system. However, some opposition arises from districts that fear potential funding cuts and the long-term impacts these could have on their capacity to fulfill existing obligations. This dichotomy highlights the ongoing debate about resource allocation in public education and how best to serve diverse student populations.

Contention

Notable points of contention within the discussions around SB0385 include concerns over the long-term sustainability of the proposed funding model. Opponents have raised questions regarding how the bill would address fluctuations in state revenue and the implications of relying on variable funding sources. Additionally, there are debates about the adequacy of support for teachers, particularly regarding salary adjustments and professional development that might accompany these funding changes. The bill’s progress through the legislative process will likely involve negotiations over these contentious issues, affecting its final form and implementation.

Companion Bills

TN HB0419

Crossfiled AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 7, relative to the local option sales tax.

Previously Filed As

TN HB0419

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 7, relative to the local option sales tax.

TN HB0308

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 7, relative to sales and use taxes.

TN SB0337

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, Part 7, relative to sales and use taxes.

TN HB0127

AN ACT to amend Tennessee Code Annotated, Section 67-3-901 and Title 67, Chapter 4, Part 32, relative to local tax surcharges.

TN SB1307

AN ACT to amend Tennessee Code Annotated, Section 67-3-901 and Title 67, Chapter 4, Part 32, relative to local tax surcharges.

TN SB0211

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, relative to sales and use taxes.

TN HB0397

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, relative to sales and use taxes.

TN HB1893

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 1 and Title 67, Chapter 4, relative to franchise taxes.

TN SB2103

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 1 and Title 67, Chapter 4, relative to franchise taxes.

TN HB0714

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 6, relative to sales and use taxes.

Similar Bills

No similar bills found.