One day after the 2024 election, Gov. Bill Lee and lawmakers rolled out a recycled “universal” private-school voucher program designed to gain support from teachers and school districts with extra spending.
The measure doesn’t have a funding estimate attached, but lawmakers placed $144 million in this year’s budget for a plan that failed to pass, and the new proposal could cost another $275 million, plus funds to give teachers a one-time $2,000 bonus. In addition, 80% of all sports wagering money is to be dedicated to building and maintaining K12 public schools.
Lee’s plan would provide 20,000 “scholarships” worth $7,075 for students to enroll in private schools in 2025-26 with 10,000 of those for students from families at or below 300% of the maximum income to qualify for free or reduced-price lunches—which is estimated to be nearly $175,000 per household income. Students with disabilities and those in the state’s education savings account program would be eligible too.
Read more at Tennessee Lookout.