Tennessee SB1813 recognizes gold and silver as legal tender and establishes a bullion depository and electronic payment system for their use.
Tennessee SB1813 amends Tennessee Code to recognize gold and silver as legal tender, allowing their use for debts and taxes by mutual agreement. The bill establishes a bullion depository for secure storage of gold and silver and an electronic payment system for their use. It prohibits the use of these metals for surveillance or social scoring. The treasurer is tasked with ensuring the depository and system are secure, transparent, and compliant with laws. The bill also mandates annual reports on the depository and system operations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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