HOUSE BILL 9 By Hale SENATE BILL 426 By Reeves SB0426 000089 - 1 - AN ACT to amend Tennessee Code Annotated, Title 49, Chapter 3, relative to the Tennessee investment in student achievement formula. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: SECTION 1. Tennessee Code Annotated, Section 49-3-105(b), is amended by deleting the language "five percent (5%)" in subdivision (3) and substituting instead the language "ten percent (10%)" and by redesignating subdivision (5) as subdivision (6) and adding the following as a new subdivision (5): (5) The weighted allocation for a student who resides in an LEA with a membership of: (A) Between four thousand (4,000) and four thousand nine hundred ninety-nine (4,999) students, both inclusive, is one percent (1%); (B) Between three thousand (3,000) and three thousand nine hundred ninety-nine (3,999) students, both inclusive, is two percent (2%); (C) Between two thousand (2,000) and two thousand nine hundred ninety-nine (2,999) students, both inclusive, is three percent (3%); and (D) Between one thousand (1,000) and one thousand nine hundred ninety-nine (1,999) students, both inclusive, is four percent (4%); and SECTION 2. Tennessee Code Annotated, Section 49-3-104(18), is amended by deleting the language "one thousand (1,000) or fewer students" and substituting instead the language "fewer than one thousand (1,000) students". - 2 - 000089 SECTION 3. Tennessee Code Annotated, Section 49-3-105, is amended by designating the existing language of subsection (c) as subdivision (c)(1) and adding the following as a new subdivision (c)(2): (2) A student generates a direct allocation for the LEA in which the student is a member in the amount of fifty dollars ($50.00) for maintenance and infrastructure. SECTION 4. This act takes effect upon becoming a law, the public welfare requiring it, and applies to the Tennessee investment in student achievement formula for the 2025-2026 school year and each school year thereafter.