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TN SB0576

TN SB0576
AN ACT to amend Tennessee Code Annotated, Title 71, Chapter 5, relative to the annual coverage assessment.


summary

Introduced
01/30/2025
In Committee
Crossed Over
04/14/2025
Passed
04/16/2025
Dead
Signed/Enacted/Adopted
04/29/2025

Introduced Session

114th General Assembly

Bill Summary

As enacted, revises present law relative to the annual coverage assessment. - Amends TCA Title 71, Chapter 5.

AI Summary

This bill makes technical amendments to Tennessee's Annual Coverage Assessment Act for fiscal year 2025-2026, primarily updating dates and making minor modifications to hospital assessment and funding provisions. The bill changes multiple sections of Tennessee Code to shift the coverage assessment year from 2024-2025 to 2025-2026, including adjustments to reporting dates, assessment calculations, and funding allocations. Key changes include updating references to fiscal years, modifying how hospitals' coverage assessments are calculated if they cease operations or change status, and making provisions for intergovernmental transfers. The bill also includes a new provision allowing the assessment to be implemented if certain Centers for Medicare & Medicaid Services (CMS) approvals are pending, and adjusts administrative funding for six full-time state employees and a program manager contract. Additionally, the bill extends the expiration of the current law from July 1, 2025, to July 1, 2026, and specifies that it will take effect at 11:59 p.m. on June 30, 2025.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (2)

Last Action

Effective date(s) 06/30/2025 (on 04/29/2025)

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