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Subcommittee stalls bills to create state precious‑metals fund and depository after public testimony

3221363 · April 9, 2025
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Summary

Chairman Hulsey's bills to create a Tennessee precious‑metals fund and a state depository were placed behind the budget after testimony from the Sound Money Defense League and committee discussion about large fiscal notes.

Chairman Gino Hulsey’s paired bills to establish a Tennessee precious‑metals fund and an associated depository were sent behind the budget for further consideration after the subcommittee heard testimony and discussed substantial fiscal implications.

House Bill 4-39, as described by Chairman Hulsey, would create a state “precious metals fund,” define its purpose as a hedge against inflation, and outline how the Treasury would…

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