Tennessee 2025-2026 Regular Session

Tennessee House Bill HB1396 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2	SENATE BILL 1355
3	3	By Akbari
4	4
5	5	HOUSE BILL 1396
6	6	By Pearson
7	7
8	8
9	9	HB1396
10	10	003054
11	11	- 1 -
12	12
13	13	AN ACT to amend Tennessee Code Annotated, Title 4;
14	14	Title 9; Title 67, Chapter 4 and Title 71, relative to
15	15	financial assistance.
16	16
17	17	BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
18	18	SECTION 1. Tennessee Code Annotated, Title 71, Chapter 5, is amended by adding
19	19	the following as a new part:
20	20	71-5-2701. Short title.
21	21	This part is known and may be cited as the "Guaranteed Basic Income Act" or
22	22	the "Protection Against Automation Act."
23	23	71-5-2702. Part definitions.
24	24	As used in this part, "eligible resident" means an individual who:
25	25	(1) Is at least eighteen (18) years of age;
26	26	(2) Possesses a valid Tennessee driver license or photo identification
27	27	license;
28	28	(3) Is a full-time resident of this state; and
29	29	(4) Was a full-time resident of this state in the immediately preceding
30	30	year.
31	31	71-5-2703. Guaranteed basic income grants.
32	32	(a) The department of human services shall develop and implement a program
33	33	in which eligible residents are awarded an annual guaranteed basic income grant
34	34	beginning in 2026. The department shall establish and publish guidelines for
35	35	applications, including eligibility and the award of grants.
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40	40	(b) The department of human services shall distribute guaranteed basic income
41	41	grants in the amount of three thousand dollars ($3,000) per year, which may be paid as
42	42	a monthly or semi-monthly stipend, to each eligible resident who submits a completed
43	43	application and any supporting documents required by the department. An eligible
44	44	resident must reapply to receive a grant in a subsequent year.
45	45	71-5-2704. Forms and rules.
46	46	The department shall promulgate forms and rules necessary to effectuate this
47	47	part. Rules must be promulgated in accordance with the Uniform Administrative
48	48	Procedures Act, compiled in title 4, chapter 5, and the department shall make forms
49	49	available on the department's website.
50	50	71-5-2705. Guaranteed basic income fund.
51	51	(a) The guaranteed basic income program established pursuant to this part is
52	52	funded through the guaranteed basic income fund established as a separate account in
53	53	the general fund.
54	54	(b) The fund is composed of moneys appropriated by the general assembly for
55	55	the fund, and gifts, grants, and other donations received by the department for the fund.
56	56	Pursuant to action by the general assembly, the fund may receive deposits allocated
57	57	from taxes levied under title 67, chapter 4.
58	58	(c) The state treasurer shall invest moneys in the fund for the benefit of the fund
59	59	in accordance with § 9-4-603. Interest accruing on investments and deposits of the fund
60	60	must be credited to and remain part of the fund. Any unencumbered moneys and any
61	61	unexpended balance of the fund remaining at the end of a fiscal year do not revert to the
62	62	general fund, but must be carried forward until expended in accordance with this part.
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67	67	SECTION 2. The headings in this act are for reference purposes only and do not
68	68	constitute a part of the law enacted by this act. However, the code commission is requested to
69	69	include the headings in any compilation or publication containing this act.
70	70	SECTION 3. This act takes effect upon becoming a law, the public welfare requiring it.