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SB0127 • 2026

Local Education Agencies

AN ACT to amend Tennessee Code Annotated, Title 49, Chapter 13, relative to charter schools.

Education
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Haile, Slater
Last action
2025-03-26
Official status
Assigned to General Subcommittee of Senate Education Committee
Effective date
Not listed

Plain English Breakdown

Checked against official source text during the last sync.

Charter School Audit Deadline

This bill allows the comptroller of the treasury to set a deadline for when charter schools must submit their financial audits after June 30 each year.

What This Bill Does

  • Adds language that allows the comptroller of the treasury to determine how soon after June 30 of each year charter schools are required to submit audits of their accounts and records.

Who It Names or Affects

  • Charter schools in Tennessee
  • The comptroller of the treasury

Terms To Know

Comptroller of the Treasury
A state official who manages financial matters for the government.
Audit
An examination of a company's or organization's accounts and financial situation to check their accuracy and compliance with laws.

Limits and Unknowns

  • The bill does not specify how soon after June 30 the audits must be submitted, only that this will be determined by the comptroller.
  • It is unclear what consequences there are for charter schools if they do not submit their audits on time.

Bill History

  1. 2025-03-26 Tennessee General Assembly

    Assigned to General Subcommittee of Senate Education Committee

  2. 2025-03-19 Tennessee General Assembly

    Placed on Senate Education Committee calendar for 3/26/2025

  3. 2025-03-19 Tennessee General Assembly

    Action deferred in Senate Education Committee to 3/26/2025

  4. 2025-03-18 Tennessee General Assembly

    Taken off notice for cal in s/c Education Administration Subcommittee of Education Committee

  5. 2025-03-12 Tennessee General Assembly

    Placed on Senate Education Committee calendar for 3/19/2025

  6. 2025-03-12 Tennessee General Assembly

    Placed on s/c cal Education Administration Subcommittee for 3/18/2025

  7. 2025-03-12 Tennessee General Assembly

    Assigned to s/c Education Administration Subcommittee

  8. 2025-03-12 Tennessee General Assembly

    Ref. to Education Committee - Government Operations for Review

  9. 2025-01-16 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate Education Committee

  10. 2025-01-15 Tennessee General Assembly

    Introduced, Passed on First Consideration

  11. 2025-01-15 Tennessee General Assembly

    caption bill, held on desk - pending amdt.

  12. 2025-01-15 Tennessee General Assembly

    P2C held on desk, pending appointment of Standing Committees

  13. 2025-01-14 Tennessee General Assembly

    Filed for introduction

  14. 2025-01-14 Tennessee General Assembly

    Intro., P1C.

  15. 2025-01-09 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text
HOUSE BILL 86
By Slater

SENATE BILL 127
By Haile

SB0127
000434
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 49,
Chapter 13, relative to charter schools.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 49-13-127(b)(2), is amended by
adding ", as determined by the comptroller of the treasury," after "completed as soon as
practical after June 30 of each year".
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.