---
type: "Bill"
title: "Taxes, Exemption and Credits - As enacted, 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."
description: "Taxes, Exemption and Credits - As enacted, 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."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "112"
identifier: "SB 127"
citation: "Tennessee SB 127 (112)"
classification: ["bill"]
subjects: ["Exemption and Credits", "Taxes"]
status: "enacted"
primary_sponsors: ["Garrett", "Haile"]
version_count: 1
action_count: 34
vote_count: 6
first_action: "2021-01-13"
last_action: "2021-04-21"
source: "openstates"
source_identifier: "ocd-bill/702dcab5-72c3-449e-9b5f-11f1e660c460"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0127&GA=112"
source_hash: "4b14bb1f75f422a78ed67e2b46e3f7d105136884f6d9255076b19133886af27f"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---

# Tennessee SB 127 (112) — Taxes, Exemption and Credits - As enacted, 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.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/112/Bill/SB0127.pdf)

## Votes

- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/29/2021 Passed — **93–0** (pass) · lower
- HOUSE EDUCATION ADMINISTRATION COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/17/2021 — **0–0** (pass) · lower
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 3/29/2021 3/25/2021 (1) — **0–0** (fail) · lower
- FLOOR VOTE: Motion to Adopt 3/29/2021 Passed — **32–0** (pass) · upper
- SENATE EDUCATION COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/24/2021 Passed — **9–0** (pass) · upper
- K-12 SUBCOMMITTEE: Rec. for pass by s/c ref. to Education Administration 3/9/2021 (2) — **0–0** (pass) · lower

## Sponsors

- Garrett — primary (person)
- Haile — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-01-13** Filed for introduction `introduction, reading-1`
- **2021-01-14** Introduced, Passed on First Consideration `introduction`
- **2021-01-15** Passed on Second Consideration, refer to Senate Education Committee
- **2021-02-11** Filed for introduction `introduction, reading-1`
- **2021-02-22** Intro., P1C. `introduction`
- **2021-02-24** Sponsor(s) withdrawn.
- **2021-02-24** Sponsor change.
- **2021-02-24** Assigned to s/c K-12 Subcommittee `referral-committee`
- **2021-02-24** P2C, ref. to Education Administration `referral-committee`
- **2021-03-01** Sponsor(s) Added.
- **2021-03-03** Placed on s/c cal K-12 Subcommittee for 3/9/2021
- **2021-03-08** Sponsor(s) Added.
- **2021-03-09** Rec. for pass by s/c ref. to Education Administration `committee-passage-favorable`
- **2021-03-10** Placed on cal. Education Administration for 3/17/2021
- **2021-03-17** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2021-03-18** Placed on Senate Education Committee calendar for 3/24/2021
- **2021-03-24** Recommended for passage, refer to Senate Calendar Committee
- **2021-03-24** Placed on cal. Calendar & Rules Committee for 3/25/2021
- **2021-03-25** Placed on Senate Consent Calendar 2 for 3/29/2021
- **2021-03-25** H. Placed on Regular Calendar for 3/29/2021
- **2021-03-29** Passed H., Ayes 93, Nays 0, PNV 0 `passage`
- **2021-03-29** Subst. for comp. HB.
- **2021-03-29** Engrossed; ready for transmission to House
- **2021-03-29** Passed Senate, Ayes 32, Nays 0 `passage`
- **2021-03-29** Comp. SB subst.
- **2021-03-29** Sponsor(s) Added.
- **2021-03-31** Enrolled and ready for signatures
- **2021-04-01** Signed by Senate Speaker
- **2021-04-05** Signed by H. Speaker
- **2021-04-06** Transmitted to Governor for action.
- **2021-04-13** Signed by Governor. `executive-signature`
- **2021-04-21** Effective date(s) 04/13/2021
- **2021-04-21** Pub. Ch. 113
- **2021-04-21** Comp. became Pub. Ch. 113

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/702dcab5-72c3-449e-9b5f-11f1e660c460`. Confidence: reported (aggregated from official Tennessee legislature records).