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Bill > SB1827
TN SB1827
TN SB1827AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 1, relative to precious metals.
summary
Introduced
01/21/2026
01/21/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
Potential new amendment
114th General Assembly
Bill Summary
As introduced, adds certain definitions concerning precious metals; makes precious metal coins legal tender; prohibits a person from compelling another to accept precious metal coins as legal tender. - Amends TCA Title 9, Chapter 1.
AI Summary
This bill amends Tennessee law to define terms related to precious metals, specifically gold and silver, and establishes that precious metal coins are considered legal tender, meaning they are a recognized medium for paying debts and taxes within the state. However, it also clarifies that no one can be forced to accept these precious metal coins as payment unless there's a prior agreement, a specific law allowing it, or a contract that explicitly permits it.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Placed on Senate Commerce and Labor Committee calendar for 3/3/2026 (on 02/24/2026)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1827&ga=114 |
| Amendment 1-0 to SB1827 | https://www.capitol.tn.gov/Bills/114/Amend/SA0479.pdf |
| Fiscal Memo for SA0479 (12887) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM1584.pdf |
| Fiscal Note - SB1827 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB1827.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB1827.pdf |
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