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Panel approves extending homestead-exemption protection to adult children with disabilities
Summary
House Bill 19-03, amended to allow use of ABLE accounts, passed the subcommittee 7-0; the bill ensures a homestead exemption can extend to an adult child (18+) with developmental or intellectual disability who continues to reside in the home after a head-of-household's death.
Chairman Terry described HB 19-03 as closing a gap in current homestead-exemption law so that, upon the death of a head of household, protection extends to an adult child (18 or older) with a developmental or intellectual disability who continues to reside in the home. He said the bill and its amendment would allow funds to be placed into ABLE accounts to assist those individuals' needs.
"The bill addresses a gap in current Tennessee law by ensuring that upon the death of a head of household, the homestead exemption extends not only to a surviving spouse or minor child, but also to an adult child 18 years older who has a developmental or intellectual disability and continues to reside in the home," the sponsor said. The committee added drafting code 014548 and voted to send the bill to full judiciary as amended (7 ayes, 0 nos).
The sponsor credited the treasurer's office for identifying the issue and noted the amendment would permit use of ABLE accounts to help the named individuals manage funds without jeopardizing programmatic protections.
