Local Education Agencies - As introduced, limits, for Carroll County, the weighted full-time equivalent average daily attendance for which the county is required to apportion all school funds collected by the county for current operation and maintenance purposes to that generated by students whose primary legal residence is located in Carroll County. - Amends TCA Title 5 and Title 49, Chapter 3.

HB 2388 modifies how Carroll County allocates local education funds for school operations and maintenance. It requires the county to distribute these funds based on the "weighted full-time equivalent average daily attendance" (WFTEADA) of students whose primary residence is in Carroll County, rather than total attendance. This change specifically applies to counties that operate a county school system, have five or more special school districts, and include at least one special district with a virtual school. The bill excludes funds from local transportation tax levies and takes effect July 1, 2026.