TN SB2737 | 2023-2024 | 113th General Assembly

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 31 2024 - 25% progression
Action: 2024-04-19 - Placed on Senate Finance, Ways, and Means Committee calendar for 4/23/2024
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, authorizes the treasurer to, subject to appropriations, use funds from the reserve for revenue fluctuation account to purchase precious metals bullion and specie and place the bullion and specie in a restricted account; authorizes the treasurer to store the physical bullion or specie with an entity designated by the treasurer, with the approval of the comptroller of the treasury; declares that specie may be used as legal tender in this state; requires governmental entities to accept specie as payment for any debt, tax, fee, or obligation owed. - Amends TCA Title 9.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 9, relative to precious metals.

Sponsors


Roll Calls


History

DateChamberAction
2024-04-19SenatePlaced on Senate Finance, Ways, and Means Committee calendar for 4/23/2024
2024-04-11SenatePlaced on Senate Finance, Ways, and Means Committee calendar for 4/15/2024
2024-03-13SenateRecommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 8, Nays 1 PNV 0
2024-03-12SenatePlaced on Senate Commerce and Labor Committee calendar for 3/13/2024
2024-03-12SenateAction deferred in Senate Commerce and Labor Committee to 3/13/2024
2024-03-08SenatePlaced on Senate Commerce and Labor Committee calendar for 3/12/2024
2024-03-06SenatePlaced on Senate Commerce and Labor Committee calendar for 3/12/2024
2024-02-09SenateSponsor(s) Added.
2024-02-05SenatePassed on Second Consideration, refer to Senate Commerce and Labor Committee
2024-02-01SenateIntroduced, Passed on First Consideration
2024-01-31SenateFiled for introduction

Same As/Similar To

HB2804 (Crossfiled) 2024-04-17 - Returned to the Clerk's Desk.

Subjects


Tennessee State Sources


Bill Comments

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