Bill > SB2023

This bill extends the annual assessment fee for Medicaid nursing facilities in Tennessee. This fee, which is a mechanism to help fund Medicaid services, was set to expire at the end of the fiscal year 2025-2026, but this legislation pushes that expiration date back by one year to June 30, 2027. The bill makes conforming changes to various sections of Tennessee Code Annotated, Title 71, Chapter 5, Part 10, which governs Medicaid reimbursement for these facilities, ensuring that references to the fee's duration are updated to reflect the new end date. The changes are intended to maintain the existing funding structure for Medicaid nursing facilities for an additional year, with the act taking effect on July 1, 2026.