SB2633 — Purchasing and Procurement - As introduced, increases from $10,000 or more to $25,000 or more, the amount for which a local board of education or the governing body of a public charter school must make purchases or expenditures by competitive bids; requires the amount to be increased each fiscal year, beginning with the 2021-2022 fiscal year, by the greater of 2 percent or the rate of inflation. - Amends TCA Section 12-3-1212; Section 49-13-111 and Section 49-2-203.

SB2633 — Purchasing and Procurement - As introduced, increases from $10,000 or more to $25,000 or more, the amount for which a local board of education or the governing body of a public charter school must make purchases or expenditures by competitive bids; requires the amount to be increased each fiscal year, beginning with the 2021-2022 fiscal year, by the greater of 2 percent or the rate of inflation. - Amends TCA Section 12-3-1212; Section 49-13-111 and Section 49-2-203. · Informed CitizenryThis bill amends Tennessee Code sections to increase the threshold for competitive bidding on purchases and expenditures by local boards of education and public charter school governing bodies from…Open in Informed Citizenry