CHAPTER NO. 698
SENATE BILL NO. 3066
By Crutchfield, Fowler
Substituted for: House Bill No. 3067
By McAfee, Wood, Stulce
AN ACT To amend Tennessee Code Annotated, Title 56, Chapters 32 and 7, relative to the definition of insurance and to provide for the health care of the elderly.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. This part is known and may be cited as the "Tennessee All-Inclusive Care for the Elderly Act of 1998".
SECTION 2. The provisions of Title 56 to the contrary notwithstanding, a Program for All-Inclusive Care for the Elderly ("PACE") project that is sponsored by a religious or charitable organization that is itself or is controlled by a person that is organized under Section 501(c)(3) of the Internal Revenue Code, and which has had its application for the operation of a PACE program approved by the Health Care Financing Administration of the United States Department of Health and Human Services ("HHS"), and is operating under such approval, shall not be deemed to be engaged in any business required to be licensed pursuant to Title 56. This exemption applies only to business conducted pursuant to the approved PACE contract, and not to any other business that such organization may conduct that may be subject to the provisions of Title 56.
SECTION 3. This act shall take effect upon becoming a law, the public welfare requiring it.
March 23, 1998
APPROVED this 1st day of April 1998