Comments: TN SB0973 | 2017-2018 | 110th General Assembly

Bill Title: As introduced, requires the treasurer to invest 40 percent of the funds in the rainy day fund in gold bullion or other precious metal bullion; requires the treasurer to contract with a bank in the state to store the bullion at no cost to the state. - Amends TCA Title 9.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-02-13 - Passed on Second Consideration, refer to Senate State and Local Government Committee [SB0973 Detail]

Text: Latest bill text (Draft #1) [PDF]

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