Tennessee bill would exempt all 529 plans - Update
The Tennessee House has passed House Bill 2953 (Senate Bill 2894) that would equalize Tennessee treatment of in-state and out-of-state 529 plans. All 529 assets and distributions would be exempt from the Tennessee Hall Tax and would gain protection from creditors. The bill is pending in the Senate.
The Senate has approved SB2894/HB2953, sending the package to the Governor for signature.