SB 1429 - HB 1408 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly March 4, 2025 Fiscal Analyst: Elizabeth Bransford | Email: elizabeth.bransford@capitol.tn.gov | Phone: 615-741-2564 SB 1429 - HB 1408 SUMMARY OF BILL: Authorizes grant payments to eligible individuals under the Grant Assistance Program for Nursing Home Care to be made quarterly. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Pursuant to Tenn. Code Ann. § 71-5-1305, grant payments from the Grant Assistance Program for Nursing Home Care shall be made to the individual monthly. • Authorizing payments to be made less frequently will not have an impact on the total amount of grant payments, or result in a significant decrease in state expenditures; therefore, any fiscal impact is estimated to be not significant. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director