SB 342 - HB 416 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly March 12, 2025 Fiscal Analyst: Alan Hampton | Email: alan.hampton@capitol.tn.gov | Phone: 615-741-2564 SB 342 - HB 416 SUMMARY OF BILL: Beginning with the election for board of education members held in 2028, requires all members of the board of education to be elected at the same election. In order to align the terms of the members, requires the members elected in the first election occurring on or after January 1, 2026, to be elected to two-year terms. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • The consolidation of elections will coincide with existing elections and the required space on the ballot for the additional names is anticipated to be minimal. Therefore, any impact to the Secretary of State is estimated to be not significant. • Local boards of education will be able to comply with the changes to board member elections within existing resources such that 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