Public Funds and Financing - 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.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2024
Committee Review
Apr 2024
Senate Passage
Feb 2024
House Passage
Governor
Introduced Feb 1, 2024
Last action Apr 19, 2024
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
11
Key actions
8
Committee
7
Apr 19, 2024
Upper · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/23/2024
upper
Apr 11, 2024
Upper · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2024
upper
Mar 13, 2024
Upper · Passed
Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 8, Nays 1 PNV 0
upper
Mar 12, 2024
Upper · Passed
Action deferred in Senate Commerce and Labor Committee to 3/13/2024
upper
Mar 12, 2024
Upper · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/13/2024
upper
Mar 8, 2024
Upper · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/12/2024
upper
Mar 6, 2024
Upper · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/12/2024
upper
Feb 5, 2024
Upper · Passed
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
upper
Feb 1, 2024
Introduced
Introduced, Passed on First Consideration
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Frank Niceley
RRepublican
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