Sen. Paul Bailey

Maddy summarySB 1812, known as "The Mint Act," establishes a state-administered precious metals fund to acquire, convert, store, and sell gold and silver bullion. The Tennessee state treasurer will manage the $50 million fund (appropriated for fiscal year 2027), converting bullion into physical coins/metals within 12 months and selling up to 10% to residents to build brand recognition, while retaining 90% as a long-term inflation hedge. The bill requires in-state toll converters with specific industry experience and mandates annual transparency reports to the legislature, though operational details like storage locations remain confidential. This directly affects the state treasurer, Tennessee residents (via potential sales), and local precious metals businesses.

Maddy summaryThis Senate Joint Resolution honors the memory of Jeffrey Edward Guth, a former Sparta Police Chief and public servant from Tennessee. The bill formally recognizes his career in law enforcement, his community involvement, and his contributions to public life. It does not create new laws or policies but serves as a commemorative measure to acknowledge his legacy and extend condolences to his family. The resolution is symbolic and does not affect government operations or impose any obligations.

Maddy summaryThis Tennessee Senate Joint Resolution honors George McKeel on the occasion of his 100th birthday. The bill formally recognizes his service as a U.S. Navy veteran during World War II and his long-standing community involvement, particularly with the Cumberland County Elks Lodge. It directs the state to prepare a copy of the resolution for presentation to Mr. McKeel, with no changes to existing laws or government operations. The measure is a ceremonial acknowledgment rather than a policy change.

Maddy summaryThis Senate Joint Resolution honors Kennedi Winbush, a track athlete from Tennessee Technological University, for her achievements as an OVC indoor track champion and OVC Freshman of the Year. The resolution recognizes her specific accomplishments, including winning the 60-meter event with a time of 7.51 seconds and earning third place in the 200-meter race at the OVC Indoor Championships. This legislative action serves as a formal commendation of her athletic success and character, presenting a copy of the resolution to her for presentation purposes. The measure does not create new laws or policies but instead acknowledges her contributions to Tennessee athletics and her university.

Maddy summaryThis bill creates the "Tennessee Live Music Support Act," imposing a 5% fee on tickets resold through secondary markets for live music and performance events in Tennessee. The fee applies only to third-party ticket resellers (like online platforms or ticket brokers), not directly to consumers, and must be collected and remitted monthly starting July 1, 2027. Proceeds will fund grants through the "live music and performance venue fund," supporting venues, promoters, and performers for economic development. It does not affect primary ticket sales or non-music events.

Maddy summarySB 997 modifies Tennessee's annexation rules by removing the requirement for a referendum when specific conditions are met. It allows municipalities to annex territory without a vote if two-thirds of property owners consent in writing, those owners collectively own over half the proposed area, and the annexation involves nine or fewer parcels. This directly affects property owners in communities seeking annexation, making the process easier for smaller, contiguous land parcels. The bill amends Tennessee Code Annotated Section 6-51-104 to replace existing referendum requirements with these three conditions. The change aims to streamline annexation for municipalities while maintaining owner consent thresholds.

Maddy summarySB 2457 removes an outdated billing rule from Tennessee healthcare laws that previously restricted reimbursement for anatomic pathology services to only gastroenterologists' claims. The bill amends multiple sections of Tennessee Code (Titles 8, 47, 56, 63, 68, and 71) to delete this obsolete reference, which had applied only to gastroenterologists' billing for these services. This technical correction simplifies the law by eliminating redundant language that no longer had practical effect. The change affects how healthcare providers bill for anatomic pathology services under state insurance regulations. The bill takes effect upon becoming law.

Maddy summarySB 1813, the "Tennessee Transactional Gold and Silver Act," recognizes physical gold and silver as legal tender for voluntary private transactions and for paying state/local taxes or fees if accepted by the recipient. It establishes a secure bullion depository for storing gold/silver and authorizes an electronic payment system to facilitate transactions using these metals. The bill exempts gold and silver transactions from state and local taxes, and requires that any electronic system using these metals must not enable government surveillance or social scoring. This law directly affects citizens, businesses, and state/local governments that choose to accept gold or silver as payment, while preserving the option to use traditional currency.

Maddy summarySB 1807 prohibits businesses in Tennessee from using computer algorithms to set prices for specific goods or services based on personal data about individual consumers. This directly affects companies like ride-sharing apps, e-commerce platforms, or retailers that adjust prices using personal information such as location, browsing history, or purchase patterns. The bill exempts insurance companies, financial institutions under federal law, and existing subscription agreements. Violations would be treated as unfair business practices under Tennessee’s Consumer Protection Act, subject to penalties and remedies under that law, effective July 1, 2026.

Maddy summarySB 604 requires pharmacy services organizations (like administrative groups that handle pharmacy data) to destroy any pharmacy cost information they receive within five business days of a written request from the pharmacy that shared it. This applies directly to pharmacies and the organizations they contract with for services. The bill amends Tennessee law to prevent these organizations from retaining or disclosing shared pharmacy data without the original pharmacy's explicit consent for destruction. It creates a clear, time-bound process for pharmacies to control their own shared information.