HB 187 - SB 208
FISCAL NOTE
Fiscal Review Committee
Tennessee General Assembly
February 5, 2025
Fiscal Analyst: Alan Hampton | Email: alan.hampton@capitol.tn.gov | Phone: 615-741-2564
HB 187 – SB 208
SUMMARY OF BILL: Reduces the number and frequency of certain reports the
Comptroller of the Treasury (COT) is required to submit to the chair of certain legislative
committees and the State Board of Education, pursuant to the Tennessee Literacy Success Act.
FISCAL IMPACT:
NOT SIGNIFICANT
Assumptions:
• Pursuant to Tenn. Code Ann. §§ 49-1-905(g)(6) and 49-1-910, by November 1 of each year,
the COT is required to submit a report detailing a review of the foundational literacy plans
submitted to the Department of Education and a separate annual report detailing the
implementation of the Tennessee Literacy Success Act.
• The proposed legislation requires the review of foundational literacy plans to be included in
the annual report and reduces the frequency with which the COT must submit the annual
report to every three years.
• The reduced reporting requirements will not significantly impact COT operations. Any
fiscal impact is estimated to be not significant.
CERTIFICATION:
The information contained herein is true and correct to the best of my knowledge.
Bojan Savic, Executive Director