Tennessee House Bill 653 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Passed on April 26 2022 - 100% progression
Action: 2022-04-26 - Comp. became Pub. Ch. 861
Text: Latest bill text (Chaptered) [PDF]

As enacted, prohibits local governmental entities from paying, compensating, awarding, or remitting funds in the form of, or facilitating the conversion of compensation or funds to, blockchain, cryptocurrency, non-fungible tokens, or virtual currency to an individual person, corporation, or other entity (or procuring the services for the performance of any such actions) without the prior written approval of the state treasurer. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 11; Title 12; Title 13; Title 41; Title 42; Title 49; Title 54; Title 64; Title 68 and Title 69.

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 11; Title 12; Title 13; Title 41; Title 42; Title 49; Title 54; Title 64; Title 68 and Title 69, relative to public finance.

Rep. Patsy Hazlewood [R]	Rep. Ron Gant [R]	Rep. G.A. Hardaway [D]	Rep. William Lamberth [R]
Rep. Chris Todd [R]	Rep. David Hawk [R]

Date	Chamber	Action
2022-04-26		Comp. became Pub. Ch. 861
2022-03-31	House	Comp. SB subst.
2022-03-31	House	Sponsor(s) Added.
2022-03-24	House	H. Placed on Regular Calendar for 3/31/2022
2022-03-23	House	Placed on cal. Calendar & Rules Committee for 3/24/2022
2022-03-22	House	Rec. for pass. if am., ref. to Calendar & Rules Committee
2022-03-16	House	Placed on cal. Local Government Committee for 3/22/2022
2022-03-15	House	Action def. in Local Government Committee to 3/22/2022
2022-03-09	House	Placed on cal. Local Government Committee for 3/15/2022
2022-03-08	House	Rec for pass if am by s/c ref. to Local Government Committee
2022-03-02	House	Placed on s/c cal Cities & Counties Subcommittee for 3/8/2022
2022-03-02	House	Sponsor(s) Added.
2021-02-20	House	Assigned to s/c Cities & Counties Subcommittee
2021-02-11	House	P2C, ref. to Local Government Committee
2021-02-10	House	Intro., P1C.
2021-02-08	House	Filed for introduction

SB0535 (Crossfiled) 2022-04-26 - Effective date(s) 04/14/2022

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0653&ga=112
Text	https://www.capitol.tn.gov/Bills/112/Bill/HB0653.pdf
Text	https://publications.tnsosfiles.com/acts/112/pub/pc0861.pdf
Amendment	https://www.capitol.tn.gov/Bills/112/Amend/HA0739.pdf
Supplement	https://www.capitol.tn.gov/Bills/112/Fiscal/SB0535.pdf
Supplement	https://www.capitol.tn.gov/Bills/112/Fiscal/FM1972.pdf