Tennessee has put forward several bills in the past few years to protect citizens and residents from electronic money and allow them to use silver and gold. Listed below are two additional items.
SB 1734: Cash Purchase Exemptions
Exempting cash purchases under $500 from sales and use tax; and includes cash as well as gold and silver.
https://www.capitol.tn.gov/Bills/113/Bill/SB1734.pdf
HB 2802/ SB 2544: Financial integrity
Status: Deferred to summer study
- Tennessee state government contracts must be subject to jurisdiction of the state and enforceable under TN state constitution;
- State departments must have written plans in the event of cyber or other attacks that compromise the electronic financial system.
https://www.capitol.tn.gov/Bills/113/Bill/HB2802.pdf
