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TN SB0523

TN SB0523
AN ACT to amend Tennessee Code Annotated, Title 4; Title 9; Title 67, Chapter 4 and Title 71, relative to supplemental income grants.


summary

Introduced
01/30/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, requires the department of human services to develop and implement a five-year pilot program in which eligible households are awarded an annual supplemental income grant of $5,000 beginning in 2026. - Amends TCA Title 4; Title 9; Title 67, Chapter 4 and Title 71.

AI Summary

This bill establishes a five-year pilot program for supplemental income grants in Tennessee, designed to provide financial assistance to eligible households. To qualify, a household must have at least three family members residing together, file a federal tax return with at least one dependent, be Tennessee residents, and have an adjusted gross income not exceeding $30,000 (excluding the grant). The Department of Human Services will distribute annual grants of $5,000 per eligible household, which can be paid monthly, quarterly, or as a lump sum, with households required to reapply each year. The program will run from 2026 to 2030 and will be funded through multiple sources, including gifts from businesses paying excise or franchise taxes, potential federal grants, and the state's revenue fluctuation reserve. The bill specifies that the supplemental income grant fund will be a separate account in the general fund, with any unallocated funds to be deposited back into the revenue fluctuation reserve at the program's conclusion. The Department of Human Services is tasked with creating the necessary forms and rules for implementing the program, which must be made available on their website and follow administrative procedure guidelines.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Assigned to General Subcommittee of Senate Health and Welfare Committee (on 03/26/2025)

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