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---
type: "Bill"
title: "Public Funds and Financing - As enacted, authorizes commissioner of education and state treasurer, instead of the state board of education, to establish operational guidelines for the expenditure of the income from the special trust fund for education; makes other related revisions to the Volunteer Public Education Trust Fund Act of 1985. - Amends TCA Title 49, Chapter 3, Part 4."
description: "Public Funds and Financing - As enacted, authorizes commissioner of education and state treasurer, instead of the state board of education, to establish operational guidelines for the expenditure of the income from the special trust fund for education; makes other related revisions to the Volunteer Public Education Trust Fund Act of 1985. - Amends TCA Title 49, Chapter 3, Part 4."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "110"
identifier: "HB 2318"
citation: "Tennessee HB 2318 (110)"
classification: ["bill"]
subjects: ["Public Funds and Financing"]
status: "enacted"
primary_sponsors: ["Hawk", "Lundberg"]
version_count: 1
action_count: 39
vote_count: 4
first_action: "2018-01-31"
last_action: "2018-04-11"
source: "openstates"
source_identifier: "ocd-bill/f3ba559c-25d9-4dfb-a9c2-1ed32423fd50"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=HB2318&GA=110"
source_hash: "7e8a0f1af9bfe4cb83886934b8f50247cb4961a66ce9dcd6321298d1456b1fa6"
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 2318 (110) — Public Funds and Financing - As enacted, authorizes commissioner of education and state treasurer, instead of the state board of education, to establish operational guidelines for the expenditure of the income from the special trust fund for education; makes other related revisions to the Volunteer Public Education Trust Fund Act of 1985. - 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/110/Bill/HB2318.pdf)
## Votes
- GOVERNMENT OPERATIONS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/14/2018 (2) — **00** (pass) · lower
- EDUCATION ADMINISTRATION & PLANNING SUBCOMMITTEE: Rec. for pass by s/c ref. to Education Administration & Planning 2/27/2018 (3) — **00** (pass) · lower
- CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 3/26/2018 3/22/2018 (1) — **00** (fail) · lower
- EDUCATION ADMINISTRATION & PLANNING: Rec. for pass. if am., ref. to Government Operations Committee 3/6/2018 — **00** (pass) · lower
## Sponsors
- Hawk — primary (person)
- Lundberg — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2018-01-31** Filed for intro. `introduction, reading-1`
- **2018-01-31** Filed for introduction `introduction, reading-1`
- **2018-02-01** Intro., P1C. `introduction`
- **2018-02-01** Introduced, Passed on First Consideration `introduction`
- **2018-02-05** Assigned to s/c Education Administration & Planning Subcommittee `referral-committee`
- **2018-02-05** P2C, ref. to Education Administration & Planning `referral-committee`
- **2018-02-05** Passed on Second Consideration, refer to Senate Education Committee
- **2018-02-07** Placed on s/c cal Education Administration & Planning Subcommittee for 2/13/2018
- **2018-02-07** Placed on Senate Education Committee calendar for 2/14/2018
- **2018-02-13** Action Def. in s/c Education Administration & Planning Subcommittee to 2/20/2018
- **2018-02-14** Action deferred in Senate Education Committee to 2/21/2018
- **2018-02-15** Placed on Senate Education Committee calendar for 2/21/2018
- **2018-02-21** Placed on s/c cal Education Administration & Planning Subcommittee for 2/27/2018
- **2018-02-21** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
- **2018-02-27** Rec. for pass if am by s/c ref. to Education Administration & Planning `committee-passage-favorable`
- **2018-02-27** Placed on Senate Regular Calendar calendar for 3/1/2018
- **2018-02-28** Placed on cal. Education Administration & Planning for 3/6/2018
- **2018-03-01** Sponsor(s) Added.
- **2018-03-01** Engrossed; ready for transmission to House
- **2018-03-01** Passed Senate as amended, Ayes 29, Nays 0 `passage`
- **2018-03-01** Senate adopted Amendment (Amendment 1 - SA0627)
- **2018-03-05** Rcvd. from S., held on H. desk.
- **2018-03-06** Rec. for pass. if am., ref. to Government Operations Committee `committee-passage-favorable`
- **2018-03-07** Placed on cal. Government Operations Committee for 3/14/2018
- **2018-03-14** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2018-03-21** Placed on cal. Calendar & Rules Committee for 3/22/2018
- **2018-03-22** H. Placed on Regular Calendar for 3/26/2018
- **2018-03-26** Comp. SB subst.
- **2018-03-26** Passed H., Ayes 97, Nays 0, PNV 0 `passage`
- **2018-03-26** Am. withdrawn. (Amendment 1 - HA0773) `amendment-withdrawal`
- **2018-03-26** Subst. for comp. HB.
- **2018-03-27** Enrolled and ready for signatures
- **2018-03-28** Signed by Senate Speaker
- **2018-03-29** Signed by H. Speaker
- **2018-04-02** Transmitted to Governor for action.
- **2018-04-09** Signed by Governor. `executive-signature`
- **2018-04-11** Comp. became Pub. Ch. 654
- **2018-04-11** Pub. Ch. 654
- **2018-04-11** Effective date(s) 04/09/2018
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f3ba559c-25d9-4dfb-a9c2-1ed32423fd50`. Confidence: reported (aggregated from official Tennessee legislature records).