SB 267 - HB 702 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 15, 2025 Fiscal Analyst: Chris Higgins | Email: chris.higgins@capitol.tn.gov | Phone: 615-741-2564 SB 267 - HB 702 SUMMARY OF BILL: Establishes that a collection station operated by a medical laboratory owner that is a licensee of a medical laboratory in this state does not require an additional license, without regard to where specimens collected at the medical laboratory owner's collection stations are transported, as long as the medical laboratory owner of the licensed medical laboratory retains ownership and oversight of the collection stations. Establishes that a collection station operated by a person who is not a medical laboratory owner that is a licensee of a medical laboratory located in this state must have a license issued by the Medical Laboratory Board (Board). FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Pursuant to Tenn. Code Ann. § 68-29-122(c), collection stations owned and operated as part of a laboratory licensed in Tennessee do not require an additional license. Collection stations owned and operated by laboratories in other states are required to have a Tennessee license. • The proposed legislation clarifies that the location to which specimens collected at a collection station are transported does not affect the ability of such collection station to operate without an additional license from the Board, so long as the medical laboratory owner of the licensed medical laboratory retains ownership of the medical laboratory and oversight of the collection stations. • There is not estimated to be a significant change in the amount of licensing revenue collected by the Board as a result of the proposed legislation. • Any rules regarding collection stations can be promulgated utilizing existing Board resources, without a significant increase in expenditures. • Any fiscal impact to the Board or the Department of Health is estimated to be not significant. SB 267 - HB 702 2 CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director