Public Funds and Financing - 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.

Summary

The bill adds definitions for "coin," "legal tender," "person," and "precious metal" to Tennessee law, declaring gold and silver coins legal tender. It also bars any person, business, or government entity from compelling another to use or accept those coins unless there is a mutual agreement or specific legal authority. The measure aims to recognize precious‑metal coins as a valid form of payment while protecting parties from being forced to accept them.

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