AN ACT to amend Tennessee Code Annotated, Section 49-4-708, relative to the Tennessee Promise scholarship e...
This legislation limits the total funds that can be transferred from the lottery for education account to the Tennessee Promise scholarship special reserve account to $10 million each fiscal year. The detailed bill text is not available for further specifics.
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SB 2159 — AN ACT to amend Tennessee Code Annotated, Section 49-4-708, relative to the Tennessee Promise scholarship endowment fund.
Last action — Effective date(s) 05/13/2026
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 02, 2026. Enacted.
Signed by Governor Bill Lee (Republican) on April 23, 2026.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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2 sponsors
1 primary, 1 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (2 R).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
In plain language
The bill caps annual transfers to the Tennessee Promise scholarship reserve fund at $10 million.
This legislation limits the total funds that can be transferred from the lottery for education account to the Tennessee Promise scholarship special reserve account to $10 million each fiscal year. The detailed bill text is not available for further specifics.
Summary
Education, Higher - As enacted, caps at $10 million per fiscal year the total amount of funds in the lottery for education account that may be transferred to the Tennessee Promise scholarship special reserve account. - Amends TCA Section 49-4-708.
Bill Text
- Full text View text Current pdf
Action History
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Comp. became Pub. Ch. 975
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Pub. Ch. 975
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Effective date(s) 05/13/2026
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Signed by Governor.
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Transmitted to Governor for action.
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Signed by H. Speaker
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Signed by Senate Speaker
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Enrolled and ready for signatures
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Comp. SB subst.
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Subst. for comp. HB.
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Passed H., Ayes 96, Nays 0, PNV 0
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H. Placed on Consent Calendar for 4/20/2026
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/15/2026
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Rec for pass by s/c ref. to Finance, Ways, and Means Committee
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Placed on cal. Finance, Ways, and Means Committee for 4/15/2026
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Rec. for pass; ref to Calendar & Rules Committee
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Placed on cal. Calendar & Rules Committee for 4/16/2026
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026
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Rcvd. from S., held on H. desk.
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Passed Senate, Ayes 33, Nays 0
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Engrossed; ready for transmission to House
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Placed on Senate Consent Calendar 2 for 3/30/2026
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Recommended for passage, refer to Senate Calendar Committee
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Sponsor(s) Added.
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Placed behind the budget
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Action deferred in Senate Finance, Ways, and Means Committee to 3/24/2026
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Placed on Senate Finance, Ways, and Means Committee calendar for 3/24/2026
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/18/2026
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Rec. for pass; ref to Finance, Ways, and Means Committee
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Assigned to s/c Finance, Ways, and Means Subcommittee
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Placed on Senate Finance, Ways, and Means Committee calendar for 3/17/2026
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Rec. for pass by s/c ref. to Education Committee
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Placed on cal. Education Committee for 3/10/2026
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Recommended for passage, refer to Senate Finance, Ways, and Means Committee
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Placed on Senate Education Committee calendar for 3/4/2026
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Placed on s/c cal Higher Education Subcommittee for 3/4/2026
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Action deferred in Senate Education Committee to 3/4/2026
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Placed on Senate Education Committee calendar for 2/25/2026
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P2C, ref. to Education Committee
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Assigned to s/c Higher Education Subcommittee
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Passed on Second Consideration, refer to Senate Education Committee
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Intro., P1C.
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Filed for introduction
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Filed for introduction
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Introduced, Passed on First Consideration
Sponsors
- Bo Watson · Primary
- John Stevens · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 131 not signed on
Sponsors (1)
- Watson, Bo Republican
Co-sponsors (1)
- Stevens, John Republican
Not signed on (131)
131 members have not signed on to this bill.
Show all 131 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- What does SB 2159 do?
- Education, Higher - As enacted, caps at $10 million per fiscal year the total amount of funds in the lottery for education account that may be transferred to the Tennessee Promise scholarship special reserve account. - Amends TCA Section 49-4-708.
- Who sponsors SB 2159?
- SB 2159 is sponsored by Watson, Bo (Republican) and Stevens, John (Republican).
- What is the current status of SB 2159?
- This bill has been enacted into law. Introduced February 02, 2026. Enacted.
- Where can I track SB 2159?
- Track SB 2159 free on One Click Politics — get push/email alerts when it moves.
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