Bill Title: As enacted, authorizes use of individual education account funds for contributions to an achieving a better life experience (ABLE) account for the benefit of a participating student; specifies that funds may only be used for the student's education expenses; requires that all revenues collected by the ABLE program remain with the program; revises other provisions regarding the program. - Amends TCA Title 49, Chapter 10, Part 14 and Title 71, Chapter 4, Part 8.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2016-04-26 - Pub. Ch. 793 [SB2504 Detail]

Text: Latest bill text (Draft #2) [PDF]

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