<BillNo> <Sponsor> SENATE BILL 1312 By Johnson SB1312 002819 - 1 - AN ACT to amend Tennessee Code Annotated, Title 4; Title 49, Chapter 4 and Title 49, Chapter 7, relative to higher education. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: SECTION 1. Tennessee Code Annotated, Section 49-4-201, is amended by deleting the section and substituting instead: Notwithstanding title 48, chapters 51-69 to the contrary, there is created a nonprofit corporation that is known as the Tennessee student assistance corporation, which operates as a division within the Tennessee higher education commission, to administer student assistance programs authorized by law. The corporation must be registered with the secretary of state and is subject to the corporate laws of this state, except as provided in this part and parts 3 and 6-9 of this chapter. SECTION 2. Tennessee Code Annotated, Section 49-4-202, is amended by deleting the section and substituting instead: (a) The governing board of directors for the Tennessee student assistance corporation as of June 30, 2024, is terminated on July 1, 2025. Effective July 1, 2025, the Tennessee higher education commission, created by § 49-7-201, shall serve as the governing board of directors for the Tennessee student assistance corporation. (b) The Tennessee student assistance corporation shall carry out the purposes of this part and parts 3 and 6-9 of this chapter. The commission is authorized and empowered to expend for the necessary administration of this part and parts 3 and 6-9 of this chapter any funds appropriated, received, or allocated for the purposes of this part and parts 3 and 6-9 of this chapter. - 2 - 002819 SECTION 3. Tennessee Code Annotated, Section 49-4-708(c)(5), is amended by deleting "or Tennessee college of applied technology". SECTION 4. Tennessee Code Annotated, Section 49-4-902(33)(B), is amended by deleting the subdivision and substituting: (B) Culminates in an industry certification, registered apprenticeship, occupational licensure, or certificate, but does not include participation in, or completion of, a program of professional development, continuing education, exam preparation, or similar objectives; SECTION 5. Tennessee Code Annotated, Section 49-4-921(e), is amended by deleting "certificate or diploma" and substituting instead "QNDC, certificate, or diploma". SECTION 6. Tennessee Code Annotated, Section 49-4-923, is amended by deleting the section. SECTION 7. Tennessee Code Annotated, Section 49-4-902(46), is amended by deleting the language "Wilder-Naifeh technical skills grant" and substituting instead "TennesseeWORKS scholarship" and redesignating the subdivision appropriately. SECTION 8. Tennessee Code Annotated, Section 49-4-905, is amended by deleting the language "Wilder-Naifeh technical skills grant" wherever it appears in subsection (a) and substituting instead "TennesseeWORKS scholarship" and deleting the language "Wilder-Naifeh technical skills grants" in subdivision (b)(2) and substituting instead "TennesseeWORKS scholarships". SECTION 9. Tennessee Code Annotated, Section 49-4-921, is amended by deleting the language "Wilder-Naifeh technical skills grant" wherever it appears and substituting instead "TennesseeWORKS scholarship" and deleting the language "Wilder-Naifeh technical skills grants" in subsection (e) and substituting instead "TennesseeWORKS scholarships". - 3 - 002819 SECTION 10. Tennessee Code Annotated, Section 49-4-922, is amended by deleting the language "Wilder-Naifeh technical skills grant" and substituting instead "TennesseeWORKS scholarship". SECTION 11. Tennessee Code Annotated, Section 49-4-937(a), is amended by deleting the language "Wilder-Naifeh technical skills grant" and substituting instead "TennesseeWORKS scholarship". SECTION 12. Tennessee Code Annotated, Section 49-7-202(c), is amended by adding the following as a new subdivision: (4) Serve as the governing board of directors for the Tennessee student assistance corporation. SECTION 13. Tennessee Code Annotated, Section 4-29-247(a), is amended by deleting subdivision (66) and substituting instead: (66) The Tennessee student assistance corporation, as governed by the Tennessee higher education commission, created by § 49-7-201; SECTION 14. This act takes effect upon becoming a law, the public welfare requiring it.