SB 2737: 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.
Placed on Senate Finance, Ways, and Means Committee calendar for 4/23/2024