Tennessee · 114

HB 2427

Public Funds and Financing - As introduced, enacts the "Tennessee Transactional Gold and Silver Act," which recognizes gold and silver as legal tender for private transactions and, when accepted, for paying state and local taxes or fees; authorizes the creation of a secure bullion depository and an electronic payment system to support the use of gold and silver; exempts gold and silver transactions from state and local taxation. - Amends TCA Title 9, Chapter 4.

Bill record: Open States bulk CSV (bills/votes) CC0-1.0

Summary AI-generated

HB 2427 proposes the 'Tennessee Transactional Gold and Silver Act,' which recognizes gold and silver as legal tender for private transactions and for paying state and local taxes or fees when accepted. The bill authorizes the creation of a secure bullion depository and an electronic payment system to support these transactions. Additionally, it exempts gold and silver transactions from state and local taxation while amending TCA Title 9, Chapter 4.

Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)

Issue tags AI-classified

Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)

Sponsors

Roll-call votes on this bill

QuestionChamberResultYeaNayOtherDateSource
HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec for pass if am by s/c ref… lower pass 0 0 0 Mar 11, 2026 Open States bulk CSV (bills/votes) CC0-1.0