--- type: "Bill" title: "Public Funds and Financing - As enacted, revises the Volunteer Public Education Trust Fund Act of 1985; designates the commissioner of education and state treasurer as trustees of the fund. - Amends TCA Title 49, Chapter 3, Part 4." description: "Public Funds and Financing - As enacted, revises the Volunteer Public Education Trust Fund Act of 1985; designates the commissioner of education and state treasurer as trustees of the fund. - Amends TCA Title 49, Chapter 3, Part 4." jurisdiction: "us/states/tn" legislature: "Tennessee General Assembly" session: "111" identifier: "HB 681" citation: "Tennessee HB 681 (111)" classification: ["bill"] subjects: ["Public Funds and Financing"] status: "enacted" primary_sponsors: ["Helton", "Watson"] version_count: 1 action_count: 36 vote_count: 7 first_action: "2019-02-05" last_action: "2019-05-15" source: "openstates" source_identifier: "ocd-bill/222701a7-af5b-4c6c-ac15-05dd52acf359" source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=HB0681&GA=111" source_hash: "ae9167afbc959134a42d6cc189f9c4101e7025456b1aa662d94ba21e7ead3dda" 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 681 (111) — Public Funds and Financing - As enacted, revises the Volunteer Public Education Trust Fund Act of 1985; designates the commissioner of education and state treasurer as trustees of the fund. - Amends TCA Title 49, Chapter 3, Part 4. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/111/Bill/HB0681.pdf) ## Votes - HOUSE EDUCATION ADMINISTRATION SUBCOMMITTEE: Rec. for pass by s/c ref. to Education 3/12/2019 (5) — **0–0** (pass) · lower - FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 4/30/2019 Passed (2) — **91–0** (pass) · lower - HOUSE EDUCATION COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/27/2019 (4) — **0–0** (pass) · lower - FLOOR VOTE: Third Consideration 3/14/2019 Passed (1) — **32–0** (pass) · upper - SENATE EDUCATION COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/27/2019 Passed (2) — **9–0** (pass) · upper - FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION 4/30/2019 Passed (1) — **91–0** (pass) · lower - HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Consent Calendar for 4/30/2019 4/29/2019 (3) — **0–0** (fail) · lower ## Sponsors - Helton — primary (person) - Watson — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2019-02-05** Filed for introduction `reading-1, introduction` - **2019-02-05** Filed for introduction `reading-1, introduction` - **2019-02-06** Intro., P1C. `introduction` - **2019-02-06** Introduced, Passed on First Consideration `introduction` - **2019-02-07** P2C, ref. to Education `referral-committee` - **2019-02-07** Passed on Second Consideration, refer to Senate Education Committee - **2019-02-11** Assigned to s/c Education Administration Subcommittee `referral-committee` - **2019-02-20** Placed on Senate Education Committee calendar for 2/27/2019 - **2019-02-27** Recommended for passage, refer to Senate Calendar Committee - **2019-03-05** Placed on Senate Floor Session calendar for 3/7/2019 - **2019-03-06** Placed on s/c cal Education Administration Subcommittee for 3/12/2019 - **2019-03-07** Senate Reset on calendar for 3/14/2019 - **2019-03-12** Rec. for pass by s/c ref. to Education `committee-passage-favorable` - **2019-03-12** Placed on Senate Floor Session calendar for 3/14/2019 - **2019-03-13** Placed on cal. Education for 3/20/2019 - **2019-03-14** Engrossed; ready for transmission to House - **2019-03-14** Passed Senate, Ayes 32, Nays 0 `passage` - **2019-03-18** Rcvd. from S., held on H. desk. - **2019-03-20** Placed on cal. Education for 3/27/2019 - **2019-03-20** No Action Taken - **2019-03-27** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable` - **2019-04-17** Placed on cal. Calendar & Rules Committee for 4/18/2019 - **2019-04-18** Taken off notice for cal. in Calendar & Rules Committee - **2019-04-24** Placed on cal. Calendar & Rules Committee for 4/29/2019 - **2019-04-29** H. Placed on Consent Calendar for 4/30/2019 - **2019-04-30** Comp. SB subst. - **2019-04-30** Passed H., Ayes 91, Nays 0, PNV 1 `passage` - **2019-04-30** Subst. for comp. HB. - **2019-05-01** Signed by Senate Speaker - **2019-05-01** Enrolled and ready for signatures - **2019-05-02** Signed by H. Speaker - **2019-05-03** Transmitted to Governor for action. - **2019-05-10** Signed by Governor. `executive-signature` - **2019-05-15** Comp. became Pub. Ch. 379 - **2019-05-15** Pub. Ch. 379 - **2019-05-15** Effective date(s) 05/10/2019 ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/222701a7-af5b-4c6c-ac15-05dd52acf359`. Confidence: reported (aggregated from official Tennessee legislature records).