TennCare - As enacted, enacts the "Annual Coverage Assessment Act of 2024," which requires each covered hospital licensed as of July 1, 2024, to pay an annual coverage assessment for FY 2024-2025 of a certain percentage of the covered hospital's annual coverage assessment base. - Amends TCA Title 71, Chapter 5.
This bill establishes the Annual Coverage Assessment Act of 2024, which requires hospitals licensed in Tennessee as of July 1, 2024, to pay a fee for the 2024-2025 fiscal year. The assessment is calculated as 4.87% of each hospital's annual coverage assessment base, a specific financial metric used to determine the fee amount. The law officially takes effect on July 1, 2024, and amends existing state statutes to formalize this new payment requirement for covered healthcare facilities.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2024
Last action May 13, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
21
Key actions
11
Committee
16
Apr 17, 2024
Lower · Passed
Rec. for pass. if am., ref. to Calendar & Rules Committee
lower
Apr 17, 2024
Lower · Passed
Placed on cal. Calendar & Rules Committee for 4/17/2024
lower
Apr 11, 2024
Lower · Passed
Placed on cal. Finance, Ways, and Means Committee for 4/16/2024
lower
Apr 10, 2024
Committee
Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee
lower
Apr 3, 2024
Lower · Passed
Action Def. in s/c Finance, Ways, and Means Subcommittee to 4/10/2024
lower
Apr 3, 2024
Lower · Passed
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/10/2024
lower
Mar 27, 2024
Committee
Assigned to s/c Finance, Ways, and Means Subcommittee
lower
Mar 27, 2024
Lower · Passed
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/3/2024
lower
Mar 26, 2024
Lower · Passed
Rec. for pass. if am., ref. to Finance, Ways, and Means Committee
lower
Mar 20, 2024
Lower · Passed
Placed on cal. Insurance Committee for 3/26/2024
lower
Mar 19, 2024
Committee
Rec for pass if am by s/c ref. to Insurance Committee
lower
Mar 13, 2024
Lower · Passed
Placed on s/c cal Insurance Subcommittee for 3/19/2024
lower
Mar 12, 2024
Lower · Passed
Action Def. in s/c Insurance Subcommittee to 3/19/2024
lower
Mar 6, 2024
Lower · Passed
Placed on s/c cal Insurance Subcommittee for 3/12/2024
lower
Jan 11, 2024
Committee
P2C, ref. to Insurance Committee
lower
Jan 11, 2024
Committee
Assigned to s/c Insurance Subcommittee
lower
Jan 10, 2024
Introduced
Intro., P1C.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Patsy Hazlewood
RRepublican
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