Senate Bill 1563, also known as House Bill 1620, proposes an amendment to the Tennessee Code Annotated concerning the Tennessee student assistance corporation and its board of directors. Specifically, the bill seeks to delete subdivision (69) from Section 4-29-247(a) of the current law, which may pertain to the governance or operational structure of the board.

The bill is set to take effect immediately upon becoming law, emphasizing the urgency of the amendment for the public welfare. The removal of this subdivision could streamline the board's functions or eliminate outdated provisions, although the specific implications of this deletion are not detailed in the text.

Statutes affected:
Introduced: 4-29-247(a), 4-29-247