---
type: "Bill"
title: "Public Funds and Financing - As enacted, requires the trust principal of the K-12 mental health endowment account to be reduced by $75,000,000 in the fiscal year ending June 30, 2024, and reallocated to the trust's K-12 mental health special reserve account. - Amends TCA Title 49, Chapter 3, Part 5."
description: "Public Funds and Financing - As enacted, requires the trust principal of the K-12 mental health endowment account to be reduced by $75,000,000 in the fiscal year ending June 30, 2024, and reallocated to the trust's K-12 mental health special reserve account. - Amends TCA Title 49, Chapter 3, Part 5."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "113"
identifier: "HB 1997"
citation: "Tennessee HB 1997 (113)"
classification: ["bill"]
subjects: ["Public Funds and Financing"]
status: "enacted"
primary_sponsors: ["Hicks G"]
version_count: 1
action_count: 28
vote_count: 6
first_action: "2024-01-23"
last_action: "2024-06-17"
source: "openstates"
source_identifier: "ocd-bill/149d6857-a5f1-4342-a274-c3acbe03ab10"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=HB1997&GA=113"
source_hash: "61de9dc340f7d1b4d91c4b236d2e6324381104b1785a0f1fe0e490226827f961"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---

# Tennessee HB 1997 (113) — Public Funds and Financing - As enacted, requires the trust principal of the K-12 mental health endowment account to be reduced by $75,000,000 in the fiscal year ending June 30, 2024, and reallocated to the trust's K-12 mental health special reserve account. - Amends TCA Title 49, Chapter 3, Part 5.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Bill/HB1997.pdf)

## Votes

- K-12 SUBCOMMITTEE: Rec. for pass by s/c ref. to Education Administration 2/13/2024 (5) — **0–0** (pass) · lower
- HOUSE EDUCATION ADMINISTRATION COMMITTEE: Rec. for pass; ref to Finance, Ways, and Means Committee 2/21/2024 (4) — **0–0** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/12/2024 (2) — **0–0** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 3/6/2024 (3) — **0–0** (pass) · lower
- FLOOR VOTE: Motion to Adopt 4/8/2024 Passed (1) — **31–0** (pass) · upper
- FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 3/18/2024 Passed (1) — **94–0** (pass) · lower

## Sponsors

- Hicks G — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-01-23** Filed for introduction `filing`
- **2024-01-24** Intro., P1C. `introduction`
- **2024-01-25** P2C, ref. to Education Administration `referral-committee`
- **2024-01-30** Assigned to s/c K-12 Subcommittee `referral-committee`
- **2024-02-07** Placed on s/c cal K-12 Subcommittee for 2/13/2024
- **2024-02-13** Rec. for pass by s/c ref. to Education Administration `committee-passage-favorable`
- **2024-02-13** Sponsor(s) Added. `sponsorship`
- **2024-02-14** Placed on cal. Education Administration for 2/21/2024
- **2024-02-21** Assigned to s/c Finance, Ways, and Means Subcommittee `referral-committee`
- **2024-02-21** Rec. for pass; ref to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2024-02-28** Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/6/2024
- **2024-03-06** Placed on cal. Finance, Ways, and Means Committee for 3/12/2024
- **2024-03-06** Rec. for pass by s/c ref. to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2024-03-12** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2024-03-13** Placed on cal. Calendar & Rules Committee for 3/14/2024
- **2024-03-14** H. Placed on Consent Calendar for 3/18/2024
- **2024-03-18** Passed H., Ayes 94, Nays 0, PNV 0 `passage`
- **2024-03-19** Engrossed; ready for transmission to Sen. `receipt`
- **2024-03-21** Received from House, Passed on First Consideration `introduction`
- **2024-04-08** Passed Senate, Ayes 31, Nays 0 `passage`
- **2024-04-08** Senate substituted House Bill for companion Senate Bill. `substitution`
- **2024-04-10** Signed by Senate Speaker `passage`
- **2024-04-10** Signed by H. Speaker `passage`
- **2024-04-10** Enrolled; ready for sig. of H. Speaker. `enrolled`
- **2024-04-11** Transmitted to Governor for his action. `executive-receipt`
- **2024-04-23** Signed by Governor. `executive-signature`
- **2024-06-17** Effective date(s) 04/23/2024
- **2024-06-17** Pub. Ch. 792

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/149d6857-a5f1-4342-a274-c3acbe03ab10`. Confidence: reported (aggregated from official Tennessee legislature records).