Establishes a five-year pilot program to award annual supplemental income grants of $5,000 to eligible Tennessee households.

The bill creates a five-year pilot program to provide annual supplemental income grants of $5,000 to eligible Tennessee households. To qualify, households must have at least three members of the same family, file a federal income tax return with at least one dependent, reside in Tennessee, and have an adjusted gross income of $30,000 or less. The Department of Human Services will distribute the grants, which can be paid in monthly, quarterly, or lump-sum installments. The pilot program is funded by excise tax donations, federal grants, and the revenue fluctuation reserve.

Establishes a five-year pilot program to award annual supplemental income grants of $5,000 to eligible Tennessee households.

The bill creates a five-year pilot program to provide annual supplemental income grants of $5,000 to eligible Tennessee households. To qualify, households must have at least three members of the same family, file a federal income tax return with at least one dependent, reside in Tennessee, and have an adjusted gross income of $30,000 or less. The Department of Human Services will distribute the grants, which can be paid in monthly, quarterly, or lump-sum installments. The pilot program is funded by excise tax donations, federal grants, and the revenue fluctuation reserve.