House Bill 194, sponsored by Martin B, amends Tennessee Code Annotated, Title 49, focusing on higher education. The bill mandates that by December 31, 2025, the executive director of the Tennessee higher education commission must submit a comprehensive report to the governor and relevant legislative committee chairs. This report will evaluate the utilization, state financial support, and student academic outcomes related to required discounts and waivers of tuition and fees at public higher education institutions. The report can be submitted electronically.

The act is set to take effect immediately upon becoming law, emphasizing the importance of assessing financial support mechanisms in higher education to ensure they are effectively serving students and the state.