Bill Title: As introduced, increases from $10,000 or more to $25,000 or more, the amount for which a local board of education or the governing body of a public charter school must make purchases or expenditures by competitive bids; requires the amount to be increased each fiscal year, beginning with the 2021-2022 fiscal year, by the greater of 2 percent or the rate of inflation. - Amends TCA Section 12-3-1212; Section 49-13-111 and Section 49-2-203.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2020-06-03 - Action deferred in Senate Education Committee to 12/1/2020 [SB2633 Detail]

Text: Latest bill text (Draft #1) [PDF]

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