Senate Bill 1118 amends Tennessee Code Annotated, specifically Section 49-7-113, to include "law schools" and "veterinary schools" alongside "medical schools" in the context of higher education. This addition broadens the scope of institutions recognized under this section, potentially impacting funding or support mechanisms for these types of schools.

Additionally, the bill modifies the age requirement for certain provisions by changing the age from "sixty-five (65) years of age" to "sixty-two (62) years of age." This adjustment may affect eligibility criteria related to retirement or benefits for faculty or staff within the higher education system. The act is set to take effect on July 1, 2025, and will apply to the 2025-2026 academic year and subsequent years.

Statutes affected:
Introduced: 49-7-113(a)(2), 49-7-113, 49-7-113(b)