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Bill > SB2932

TN SB2932

TN SB2932
AN ACT to amend Chapter 297 of the Private Acts of 1976; as amended by Chapter 125 of the Private Acts of 1977; Chapter 80 of the Private Acts of 1985; Chapter 99 of the Private Acts of 1985; Chapter 71 of the Private Acts of 2012; Chapter 72 of the Private Acts of 2014; and any other acts amendatory thereto, relative to the Chattanooga-Hamilton County Hospital Authority.

summary

Introduced
04/25/2022
In Committee
Crossed Over
Passed
Dead
Signed/Enacted/Adopted
06/01/2022

Introduced Session

Potential new amendment
112th General Assembly

Bill Summary

AN ACT to amend Chapter 297 of the Private Acts of 1976; as amended by Chapter 125 of the Private Acts of 1977; Chapter 80 of the Private Acts of 1985; Chapter 99 of the Private Acts of 1985; Chapter 71 of the Private Acts of 2012; Chapter 72 of the Private Acts of 2014; and any other acts amendatory thereto, relative to the Chattanooga-Hamilton County Hospital Authority.

AI Summary

This bill amends the charter of the Chattanooga-Hamilton County Hospital Authority, allowing the Authority to sell, lease, or transfer its assets or liabilities to a specific type of nonprofit corporation. The key provisions require that the nonprofit corporation be organized for healthcare facility ownership/operations, be tax-exempt under section 501(c)(3) of the Internal Revenue Code, and agree to certain covenants and commitments related to preserving the mission and workforce of the Erlanger Health System. The bill also outlines a process for Hamilton County's review and approval of the transaction, and allows for the dissolution of the Hospital Authority after the transfer. The bill is intended to facilitate a restructuring of the Erlanger Health System under a nonprofit entity while preserving its core services and workforce.

Sponsors (2)

Last Action

Comp. became Pr. Ch. 68 (on 06/01/2022)
(1 Companion Bills)

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