HB0440In Committee

Amends TCA Title 9, Chapter 4.

Tennessee HB0440 requires the state treasurer to enter into an agreement with an eligible entity to establish and operate a state mint, which will produce bullion products. The bill affects entities that meet specific criteria, including having prior contracts for coinage production and a comprehensive operational plan. Key provisions include defining "covered activities" related to mint operations and establishing rules for the mint's operation.

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Overview

Tennessee HB0440 requires the state treasurer to enter into an agreement with an eligible entity to establish and operate a state mint, which will produce bullion products. The bill affects entities that meet specific criteria, including having prior contracts for coinage production and a comprehensive operational plan. Key provisions include defining "covered activities" related to mint operations and establishing rules for the mint's operation.

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Sponsor

Hulsey, Bud

Details
Session

114th General Assembly

Introduced

January 28, 2025

Last Action

April 9, 2025

Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025

Subjects
Treasurer, StatePublic Funds and Financing

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