Plain English Breakdown
The bill summary text indicates that the original deadline was October 1st but does not provide specifics on what happened to it.
Higher Education Reporting Requirements
This bill changes the reporting deadline for Tennessee's public higher education institutions that receive funds from student credit cards or percentages from using college-branded cards to November 1st each year.
What This Bill Does
- Changes the reporting deadline for public colleges and universities in Tennessee that receive funds from student credit cards or percentages from using college-branded cards to November 1st of each year.
Who It Names or Affects
- Public colleges and universities in Tennessee that receive funds from student credit cards or percentages from using college-branded cards.
- State legislature committees responsible for education oversight.
Terms To Know
- Fiscal Year
- A period of one year used for budgeting, accounting, and financial reporting purposes.
- Credit Card Distribution
- The process by which credit cards are given to students or marketed to them.
Limits and Unknowns
- Does not specify what happens if an institution fails to report on time.
- Does not provide details about the consequences of non-compliance with reporting requirements.