Public Chapter 396
SENATE BILL NO. 981
Substituted for: House Bill No. 586
By Cooper, Brooks, Ulysses Jones, Langster, Bowers
AN ACTTo amend Tennessee Code Annotated, Title 49, relative to student loans.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 49-4-706(a), is amended by deleting the second and third sentences in their entirety and substituting the following:
Participation in the program at any time shall be limited to one hundred-six (106) fellows. In order to implement the increase from ninety-six (96) fellows to one hundred-six (106) fellows, ten (10) additional persons shall be admitted to the program in the 1997-1998 academic year.
SECTION 2. This act shall take effect July 1, 1997, the public welfare requiring it.