HB 1036 - SB 1024
FISCAL NOTE
Fiscal Review Committee
Tennessee General Assembly
February 26, 2025
Fiscal Analyst: Alan Hampton | Email: alan.hampton@capitol.tn.gov | Phone: 615-741-2564
HB 1036 - SB 1024
SUMMARY OF BILL: Requires the Department of Education (DOE) to evaluate the
effectiveness of an innovative school district after its first full school year of operation and to make
recommendations to the relevant committees of the General Assembly.
FISCAL IMPACT:
NOT SIGNIFICANT
Assumptions:
• Pursuant to Tenn. Code Ann. § 49-8-1502, an “innovative school district” is defined as a
local education agency that is composed of schools serving students in any of the grades
pre-kindergarten through twelve as training schools operated by a public university that is
approved by the DOE to operate an innovative school district.
• Pursuant to Tenn. Code Ann. § 49-8-1503(a)(2), the University of Memphis (UM) is
authorized to operate the initial innovative school district, which opened at the beginning of
the 2024-25 school year and is currently the only innovative school district operating in the
state.
• The DOE will be able to evaluate the effectiveness of UM’s innovative school district, and
any future innovative school districts, after the first full school year of operation and report
any findings to committees of the General Assembly within existing resources, without a
significant increase in state expenditures.
CERTIFICATION:
The information contained herein is true and correct to the best of my knowledge.
Bojan Savic, Executive Director