Tennessee SB2071 prohibits mandatory use of programmable money and restricts denial of transactions based on protected characteristics.
Tennessee SB2071 amends the state's financial regulations to prohibit the mandatory use of programmable money, which is defined as money encoded with specific rules and conditions. The bill also restricts issuers of programmable money from denying transactions based on a person's political opinions, religious beliefs, gender, medical history, and other protected characteristics. Issuers must provide a detailed explanation if they deny a transaction, and affected parties can request this explanation.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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