Section 0780-05-18-.14 - INFLATIONARY ADJUSTMENT(1) The dollar amounts in T.C.A. §§ 47-18-5502, 47-18-5505, 47-18-5509, 47-18-5513, 47-18-5523, 47-18-5533 and 47-18-5535 shall be those specified in those sections, subject to adjustments made pursuant to this rule.(2) Pursuant to T.C.A. § 47-18-5532(f), 2014 is adopted as the base year for the purposes of adjusting the dollar amounts to reflect inflation, as measured by the United States Bureau of Labor and Statistics consumer price index for all urban consumers.(3) The Administrator shall on a yearly basis determine the change in the index from the base year as of December 31 of the preceding year. If such change is at least 10 percent, whether positive or negative, the dollar amounts of those specified in T.C.A. §§ 47-18-5502, 47-18-5505,47-18-5509, 47-18-5513, 47-18-5523, 47-18-5533 and 47-18-5535 shall be adjusted to reflect the change in index from the base year, rounded to the nearest one hundred dollars ($100.00), to be effective on July 1 of that year, except that the amounts in § 47-18-5523 shall be rounded to the nearest dollar.(4) The year in which such adjustment takes place shall become the new base year for the purposes of adjusting the dollar amounts according to T.C.A. § 47-18-5532(f).(5) The Administrator shall notify registered providers of any change in dollar amounts made pursuant to this rule, shall make that information available to the public, and shall update that information on all forms. The current base year and all fees, as adjusted, shall be listed on a web site chosen by the Administrator.Tenn. Comp. R. & Regs. 0780-05-18-.14
Original rule filed October 28, 2016; effective 1/26/2017. Rule renumbered from 0780-08-01.Authority: T.C.A. § 47-18-5532.