TN SB0973 | 2017-2018 | 110th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 9 2017 - 25% progression, died in committee
Action: 2017-02-13 - Passed on Second Consideration, refer to Senate State and Local Government Committee
Pending: Senate State and Local Government Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 9 2017 - 25% progression, died in committee
Action: 2017-02-13 - Passed on Second Consideration, refer to Senate State and Local Government Committee
Pending: Senate State and Local Government Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, requires the treasurer to invest 40 percent of the funds in the rainy day fund in gold bullion or other precious metal bullion; requires the treasurer to contract with a bank in the state to store the bullion at no cost to the state. - Amends TCA Title 9.
Title
As introduced, requires the treasurer to invest 40 percent of the funds in the rainy day fund in gold bullion or other precious metal bullion; requires the treasurer to contract with a bank in the state to store the bullion at no cost to the state. - Amends TCA Title 9.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-02-13 | Senate | Passed on Second Consideration, refer to Senate State and Local Government Committee |
| 2017-02-09 | Senate | Introduced, Passed on First Consideration |
| 2017-02-09 | Senate | Filed for introduction |
Same As/Similar To
HB0777 (Crossfiled) 2017-03-29 - Action Def. in s/c Finance, Ways & Means Subcommittee to 2018
