Tennessee · 114th Regular Session (2025-2026) · Bill
SB 985: Public Funds and Financing - As introduced, enacts the Tennessee bullion depository act; makes gold and silver coinage legal tender; authorizes payment of taxes with gold and silver coinage; makes other changes concerning precious metals. - Amends TCA Title 9; Title 45, Chapter 2 and Title 67.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 985 is a bill introduced in the Tennessee Senate on February 5, 2025. According to its official title, it concerns: Public Funds and Financing - As introduced, enacts the Tennessee bullion depository act; makes gold and silver coinage legal tender; authorizes payment of taxes with gold and silver coinage; makes other changes concerning precious metals. - Amends TCA Title 9; Title 45, Chapter 2 and Title 67. Primary sponsor: Steve Southerland (Republican). Most recent recorded action (February 12, 2025): Passed on Second Consideration, refer to Senate Commerce and Labor Committee.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Steve Southerland | Primary sponsor | Republican | Senate | 9 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Passed on Second Consideration, refer to Senate Commerce and Labor Committee
- Introduced, Passed on First Consideration
- Filed for introduction