TN SB0127 | 2021-2022 | 112th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2021 - 25% progression
Action: 2021-01-15 - Passed on Second Consideration, refer to Senate Education Committee
Pending: Senate Education Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 13 2021 - 25% progression
Action: 2021-01-15 - Passed on Second Consideration, refer to Senate Education Committee
Pending: Senate Education Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, exempts from state and local taxation, all contributions or distributions made to, or on behalf of, participating students pursuant to any individualized education account (IEA). - Amends TCA Title 4; Title 49, Chapter 10, Part 14 and Title 67.
Title
AN ACT to amend Tennessee Code Annotated, Title 4; Title 49, Chapter 10, Part 14 and Title 67, relative to taxation of individualized education accounts.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-01-15 | Senate | Passed on Second Consideration, refer to Senate Education Committee |
| 2021-01-14 | Senate | Introduced, Passed on First Consideration |
| 2021-01-13 | Senate | Filed for introduction |
Same As/Similar To
HB1271 (Crossfiled) 2021-02-24 - Assigned to s/c K-12 Subcommittee
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0127&ga=112 |
| Text | https://www.capitol.tn.gov/Bills/112/Bill/SB0127.pdf |
