Lottery, Corporation - As enacted, vacates and reconstitutes the board of directors of the Tennessee education lottery corporation; requires certain information maintained by the corporation to be subject to a public records request; terminates the lottery corporation on June 30, 2030. - Amends TCA Title 4; Title 10 and Title 49.

Summary

The bill empties the current TELC board on July 1, 2026 and creates a new nine‑member board appointed equally by the governor, the Senate speaker and the House speaker. It makes key corporate information public, sets conflict‑of‑interest limits for directors, and directs that the lottery corporation be terminated on June 30, 2030. The changes aim to improve oversight, transparency, and public confidence in lottery revenues used for education.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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