Tennessee · 114th Regular Session (2025-2026) · Bill

SB 168: Public Funds and Financing - As introduced, creates in the reserve for revenue fluctuations account a restricted account for the purchase and sale of precious metal bullion or specie; authorizes the state treasurer, with approval of the comptroller of the treasury, to purchase and sell precious metal bullion or specie with funds from that account. - Amends TCA Title 9.

In committee Last action April 22, 2025: Assigned to General Subcommittee of Senate Finance, Ways & Means Committee

Plain-language summary

SB 168 is a bill introduced in the Tennessee Senate on January 15, 2025. According to its official title, it concerns: Public Funds and Financing - As introduced, creates in the reserve for revenue fluctuations account a restricted account for the purchase and sale of precious metal bullion or specie; authorizes the state treasurer, with approval of the comptroller of the treasury, to purchase and sell precious metal bullion or specie with funds from that account. - Amends TCA Title 9. Primary sponsor: Paul Bailey (Republican). Most recent recorded action (April 22, 2025): Assigned to General Subcommittee of Senate Finance, Ways & Means Committee.

Sponsors

Primary sponsor: Paul Bailey (Republican).