Senate Bill 557 amends various sections of the Tennessee Code Annotated related to the nursing home assessment, primarily adjusting the fiscal year timelines. Specifically, the bill changes references from "FY 2024-2025" to "FY 2025-2026" in Section 71-5-1002 and modifies multiple subsections in Section 71-5-1003 to shift dates from July 1, 2024, through June 30, 2025, to July 1, 2025, through June 30, 2026. This includes changes in subdivisions (c)(1) through (c)(5) and also updates the deadline in Section 71-5-1010 from "June 30, 2025" to "June 30, 2026."

The bill is set to take effect on July 1, 2025, ensuring that the new timelines for the nursing home assessment will be in place for the following fiscal year. These adjustments aim to align the assessment schedule with the updated fiscal year, thereby providing clarity and consistency for nursing homes in Tennessee.

Statutes affected:
Introduced: 71-5-1002, 71-5-1003, 71-5-1010