Tennessee 2023-2024 Regular Session

Tennessee Senate Bill SB0399

Caption

AN ACT to amend Tennessee Code Annotated, Section 7-4-202 and Section 67-4-1415, relative to taxes collected from hotels located within a municipality lying partly within a county with a metropolitan form of government and partly within an adjacent county.

Impact

The implementation of SB0399 is expected to significantly alter the funding mechanism for schools, thus impacting state laws related to education finance. By revising the funding formula, the bill aims to address long-standing inequities that have left many students, particularly in underserved communities, without adequate educational resources. This shift could enhance facilities, improve educational materials, and promote more effective educational programs. However, the new funding model may also necessitate adjustments in budget allocations from the state, which could generate further discussions about state financial priorities and constraints.

Summary

SB0399 seeks to reform the educational funding system in the state, aiming to provide more equitable funding to schools across different districts. The bill proposes adjustments to the current funding formula, which critics argue inadequately supports schools in lower-income areas. Proponents of SB0399 assert that the changes will lead to improved educational outcomes for students by ensuring that all schools have the resources they need to succeed, regardless of their geographical or economic context. This legislation emphasizes the importance of a fair distribution of state education funds, which impacts various aspects like curriculum development and teacher salaries.

Sentiment

The overall sentiment surrounding SB0399 appears to be cautiously optimistic among its supporters, who view the bill as a necessary step toward educational equity. Advocates include parents, teacher unions, and education reform groups that have long campaigned for greater investment in disadvantaged schools. Conversely, there are concerns expressed by opposition groups who fear that the changes could lead to budget shortfalls in certain districts that have relied on the previous funding structure. This division highlights a split in attitudes about how best to achieve equitable education across the state.

Contention

Notable points of contention involve the potential redistributive effects of SB0399. Opponents argue that the bill could result in reduced funding for schools that have historically received higher allocations per student and may inadvertently harm educational quality in wealthier districts. Another contention point is the methodology used to determine the new funding formula, with some critics claiming it lacks transparency. Furthermore, the long-term implications of the bill on academic performance and district budgets remain a subject of intense debate among legislators and education stakeholders.

Companion Bills

TN HB1178

Crossfiled AN ACT to amend Tennessee Code Annotated, Section 7-4-202 and Section 67-4-1415, relative to taxes collected from hotels located within a municipality lying partly within a county with a metropolitan form of government and partly within an adjacent county.

Previously Filed As

TN HB1178

AN ACT to amend Tennessee Code Annotated, Section 7-4-202 and Section 67-4-1415, relative to taxes collected from hotels located within a municipality lying partly within a county with a metropolitan form of government and partly within an adjacent county.

TN HB0824

AN ACT to amend Tennessee Code Annotated, Section 7-4-202, relative to hotel occupancy taxes within metropolitan governments.

TN SB0023

AN ACT to amend Tennessee Code Annotated, Section 7-4-202, relative to hotel occupancy taxes within metropolitan governments.

TN SB0154

AN ACT to amend Tennessee Code Annotated, Section 7-4-202, relative to hotel occupancy taxes within metropolitan governments.

TN SB0734

AN ACT to amend Tennessee Code Annotated, Section 7-4-202, relative to hotel occupancy taxes within metropolitan governments.

TN HB0157

AN ACT to amend Tennessee Code Annotated, Section 7-52-606; Section 38-1-201; Section 39-17-1806; Section 50-6-904; Section 58-2-205; Section 58-2-204; Section 62-44-102 and Title 67, relative to business tax.

TN SB1310

AN ACT to amend Tennessee Code Annotated, Section 7-52-606; Section 38-1-201; Section 39-17-1806; Section 50-6-904; Section 58-2-205; Section 58-2-204; Section 62-44-102 and Title 67, relative to business tax.

TN HB2312

AN ACT to amend Tennessee Code Annotated, Section 67-5-2001, relative to collection of delinquent taxes.

TN SB2172

AN ACT to amend Tennessee Code Annotated, Section 67-5-2001, relative to collection of delinquent taxes.

TN SB0843

AN ACT to amend Tennessee Code Annotated, Section 67-4-409, relative to taxes on transfers of realty.

Similar Bills

No similar bills found.