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TN HB0829

TN HB0829
AN ACT to amend Tennessee Code Annotated, Title 71, Chapter 5, relative to the annual coverage assessment.


summary

Introduced
02/04/2025
In Committee
04/08/2025
Crossed Over
Passed
04/29/2025
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 updates various provisions of Tennessee's Annual Coverage Assessment Act for the fiscal year 2025-2026, primarily making technical changes to dates and financial calculations related to hospital assessments and payments. The bill updates references from fiscal year 2024-2025 to 2025-2026, adjusts the timing of installment payments for hospital coverage assessments, and modifies provisions related to how hospitals are assessed if they change status or cease operations during the fiscal year. It includes specific provisions for calculating intergovernmental transfers, administrative funding for six full-time state employees and a program manager contract, and maintains reimbursement rates for certain healthcare services. The bill also allows for implementation of the assessment even if certain Centers for Medicare and Medicaid Services (CMS) approvals are pending, and extends the expiration of the current law from July 1, 2025, to July 1, 2026. The legislation takes effect at 11:59 p.m. on June 30, 2025, and is designed to ensure continued funding and operational flexibility for Tennessee's healthcare assessment program.

Committee Categories

Budget and Finance, Business and Industry, Health and Social Services

Sponsors (4)

Last Action

Comp. became Pub. Ch. 252 (on 04/29/2025)

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