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House adopts bill making gold and silver legal tender in Tennessee
Summary
The House passed House Bill 20-38 (renamed the Hulsey Nicely Legal Tender Act), which makes gold and silver legal tender in Tennessee; the measure drew floor tributes to the sponsor and was adopted without recorded opposition.
The Tennessee House adopted House Bill 20-38 on third and final consideration, a measure that establishes gold and silver as legal tender in the state and was presented on the floor as the Hulsey Nicely Legal Tender Act.
Chairman Hosey summarized the bill as creating legal-tender status for gold and silver and framed it as part of longer-term policy work related to monetary options and financial policy. Representative Vaughn moved an amendment renaming the act to the Hulsey Nicely Legal Tender Act; members expressed appreciation for Chairman Hosey's long legislative service and the amendment was adopted.
Floor debate included colleagues offering personal tributes to the sponsor and a short explanation of the bill's intent. The clerk recorded an affirmative vote (90 ayes, no nays recorded on the floor), and the presiding officer declared the bill passed.
The bill will proceed to enrollment and any subsequent required steps for enactment.
