TN SB2737 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 31 2024 - 25% progression, died in committee
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]
Status: Introduced on January 31 2024 - 25% progression, died in committee
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.
Title
AN ACT to amend Tennessee Code Annotated, Title 9, relative to precious metals.
Sponsors
Roll Calls
2024-03-13 - Senate - SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 8, Nays 1 PNV 0 (Y: 8 N: 1 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-19 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/23/2024 |
| 2024-04-11 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2024 |
| 2024-03-13 | Senate | Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 8, Nays 1 PNV 0 |
| 2024-03-12 | Senate | Placed on Senate Commerce and Labor Committee calendar for 3/13/2024 |
| 2024-03-12 | Senate | Action deferred in Senate Commerce and Labor Committee to 3/13/2024 |
| 2024-03-08 | Senate | Placed on Senate Commerce and Labor Committee calendar for 3/12/2024 |
| 2024-03-06 | Senate | Placed on Senate Commerce and Labor Committee calendar for 3/12/2024 |
| 2024-02-09 | Senate | Sponsor(s) Added. |
| 2024-02-05 | Senate | Passed on Second Consideration, refer to Senate Commerce and Labor Committee |
| 2024-02-01 | Senate | Introduced, Passed on First Consideration |
| 2024-01-31 | Senate | Filed for introduction |
Same As/Similar To
HB2804 (Crossfiled) 2024-04-17 - Returned to the Clerk's Desk.
