HB0496

AN ACT to amend Tennessee Code Annotated, Section 71-4-803 and Section 71-4-806, relative to the Achieving a Better Life Experience Act.

Complete·5/8/25

Amends Tennessee education savings accounts to clarify definitions and spending rules.

This bill amends Tennessee Code to clarify definitions and spending rules for education savings accounts under the Achieving a Better Life Experience Act. It specifies that contributions to these accounts can only be used for education expenses and defines "disability certification" and "eligible individual" as per existing code. The changes take effect on January 1, 2026.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

0
1
R
Democratic CaucusRepublican Caucus

Roll Call Votes

94 Yea

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0 Nay

1 Not Voting

D

Calendar

Apr 8, 2025

3:00 PM

House Finance, Ways, and Means Committee Hearing

Apr 2, 2025

10:30 AM

House Finance, Ways, and Means Subcommittee Hearing

History

May 8, 2025

Pub. Ch. 340

May 8, 2025

Effective date(s) 05/02/2025, 01/01/2026

May 2, 2025

Signed by Governor.