Tennessee House Bill 2427: AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, relative to precious metals.

Tennessee · 114 session

What it does

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.

Latest action

No Action Taken (2026-04-08)

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