Bill Sponsors: TN SB0978 | 2019-2020 | 111th General Assembly

Bill Title: As introduced, enacts the "Tennessee Legal Tender Act," which provides that coins having gold or silver contents and certain refined gold or silver bullion are legal tender of this state if issued by the U.S. government or if a court delcares that states may declare such as legal tender; exempts sale of such tender from Hall income and sales tax. - Amends TCA Title 9 and Title 67.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2019-03-06 - Assigned to General Subcommittee of Senate F,W&M Revenue Subcommittee [SB0978 Detail]

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

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Steve Southerland [R]PrimarySponsored BillsSD-009FollowTheMoneyBallotpediaVoteSmart

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