Tennessee 114th General Assembly Status: Enacted 1 R cosponsors

HB 0496 — 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.

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

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 29, 2025. Enacted.

Signed by Governor Bill Lee (Republican) on April 15, 2025.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 72% · moderate confidence

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

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.

Bill Text

Action History

  1. Filed for introduction

  2. Introduced, Passed on First Consideration

  3. Placed on Senate State and Local Government Committee calendar for 2/18/2025

  4. Passed on Second Consideration, refer to Senate State and Local Government Committee

  5. Recommended for passage, refer to Senate Finance, Ways, and Means Committee

  6. Sponsor(s) Added.

  7. Placed on Senate Finance, Ways, and Means Committee calendar for 4/8/2025

  8. Recommended for passage, refer to Senate Calendar Committee

  9. Placed on Senate Consent Calendar 2 for 4/14/2025

  10. Companion House Bill substituted

  11. Comp. became Pub. Ch. 340

  12. Filed for introduction

  13. Intro., P1C.

  14. P2C, ref. to Health Committee

  15. Assigned to s/c Health Subcommittee

  16. Placed on s/c cal Health Subcommittee for 2/19/2025

  17. Rec. for pass by s/c ref. to Health Committee

  18. Placed on cal. Health Committee for 2/25/2025

  19. Rec. for pass; ref to Finance, Ways, and Means Committee

  20. Assigned to s/c Finance, Ways, and Means Subcommittee

  21. Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/5/2025

  22. Placed behind the budget

  23. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/2/2025

  24. Rec. for pass by s/c ref. to Finance, Ways, and Means Committee

  25. Placed on cal. Finance, Ways, and Means Committee for 4/8/2025

  26. Rec. for pass; ref to Calendar & Rules Committee

  27. Placed on cal. Calendar & Rules Committee for 4/10/2025

  28. H. Placed on Consent Calendar for 4/14/2025

  29. Passed H., Ayes 94, Nays 0, PNV 1

  30. Engrossed; ready for transmission to Sen.

  31. Received from House, Passed on First Consideration

  32. Senate substituted House Bill for companion Senate Bill.

  33. Passed Senate, Ayes 32, Nays 0

  34. Enrolled; ready for sig. of H. Speaker.

  35. Signed by H. Speaker

  36. Signed by Senate Speaker

  37. Transmitted to Governor for his action.

  38. Signed by Governor.

  39. Pub. Ch. 340

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

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 132 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (132)

132 members have not signed on to this bill.

Show all 132 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

finance education
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 0496 do?
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.
Who sponsors HB 0496?
HB 0496 is sponsored by Reedy, Jay D. (Republican).
What is the current status of HB 0496?
This bill has been enacted into law. Introduced January 29, 2025. Enacted.
Where can I track HB 0496?
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Last checked for changes 3 months ago · updated continuously

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