This bill proposes to change the deadline for public colleges and universities in Tennessee to report the money they receive from credit card companies that partner with them. Instead of reporting this information by October, they would now need to do it by November 1 each year. The report must include how much money was received and how it was spent during the previous fiscal year.
Supporters of the bill argue that extending the reporting deadline to November 1 provides institutions with more time to accurately compile and present their financial information. This change is seen as a way to enhance transparency and accountability in the management of funds generated through partnerships with credit card companies.
Critics of the bill may contend that changing the deadline could delay the public's access to important financial information regarding the use of funds from credit card partnerships. They might argue that this could hinder transparency and accountability, potentially allowing institutions to obscure how these funds are utilized.
The bill HB0818 focuses on the administrative reporting requirements of public institutions of higher education regarding funds received from credit card agreements. Johnny Garrett, the bill's sponsor, is an attorney and partner at a law firm, with no documented personal financial interests in the education sector or in businesses directly related to credit card agreements with educational institutions. His professional background in law does not overlap with the specific financial interests or industries affected by this bill. Therefore, there is no indication that he would benefit personally from the legislative changes proposed in this bill.
Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.
| Type | Description | Industry | Source |
|---|---|---|---|
| Occupation | Attorney | Lawyers/Law Firms | AI-researched |
| Employer | Partner at Bone McAllester Norton PLLC | Lawyers/Law Firms | TN Legislature bio |
| Business Owner | Owner of The Garrett Law Group, PLC | — | AI-researched |
Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.
About This Analysis
This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.
TN HB0818