Tennessee HB1396 establishes a guaranteed basic income program for eligible residents starting in 2026.
Tennessee HB1396 amends state law to create a guaranteed basic income program. The Department of Human Services will award annual grants of $3,000 to eligible residents starting in 2026. Eligibility requires individuals to be at least 18 years old, possess a valid Tennessee driver license or photo ID, and be a full-time resident of the state. The program is funded through the guaranteed basic income fund, which receives moneys from the general assembly, gifts, grants, and donations. The fund's investments and interest are to remain in the fund.
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