Tennessee · 114th Regular Session (2025-2026) · Bill

HB 496: Treasurer, State - As enacted, removes the restriction that earnings in an achieving a better life experience account may only be expended for a student's education expenses; redefines "disability certification" and "eligible individual" to have the same meaning as in the Internal Revenue Code and all rules and regulations released by the United States treasury. - Amends TCA Section 71-4-803 and Section 71-4-806.

Enacted Last action May 8, 2025: Pub. Ch. 340

Plain-language summary

HB 496 is a bill introduced in the Tennessee House on January 29, 2025. According to its official title, it concerns: Treasurer, State - As enacted, removes the restriction that earnings in an achieving a better life experience account may only be expended for a student's education expenses; redefines "disability certification" and "eligible individual" to have the same meaning as in the Internal Revenue Code and all rules and regulations released by the United States treasury. - Amends TCA Section 71-4-803 and Section 71-4-806. Primary sponsor: Jay Reedy (Republican). Most recent recorded action (May 8, 2025): Pub. Ch. 340.

Sponsors

Primary sponsor: Jay Reedy (Republican).