Tennessee 114th General Assembly Status: Passed House 14 R cosponsors

HB 2038 — AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 1, relative to precious metals.

Last action — Received from House, Passed on First Consideration

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the House. Introduced January 21, 2026. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Odds of enactment

Moderate chance

Based on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 58% · moderate confidence

  • Passed House

    Current position in the legislative process.

  • 15 sponsors

    1 primary, 14 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (14 R).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

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.

Bill Text

Action History

  1. Filed for introduction

  2. Introduced, Passed on First Consideration

  3. Passed on Second Consideration, refer to Senate Commerce and Labor Committee

  4. Placed on Senate Commerce and Labor Committee calendar for 2/17/2026

  5. Action deferred in Senate Commerce and Labor Committee to 3/3/2026

  6. Placed on Senate Commerce and Labor Committee calendar for 3/3/2026

  7. Action deferred in Senate Commerce and Labor Committee to 3/10/2026

  8. Sponsor(s) Added.

  9. Placed on Senate Commerce and Labor Committee calendar for 3/10/2026

  10. Action deferred in Senate Commerce and Labor Committee to 3/17/2026

  11. Placed on Senate Commerce and Labor Committee calendar for 4/7/2026

  12. Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 7, Nays 2 PNV 0

  13. Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026

  14. Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

  15. Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

  16. Filed for introduction

  17. Intro., P1C.

  18. P2C, ref. to Finance, Ways, and Means Committee

  19. Assigned to s/c Finance, Ways, and Means Subcommittee

  20. Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/4/2026

  21. Action Def. in s/c Finance, Ways, and Means Subcommittee to 3/11/2026

  22. Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/11/2026

  23. Placed behind the budget

  24. Sponsor(s) Added.

  25. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026

  26. Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee

  27. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/20/2026

  28. Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee

  29. Placed on cal. Finance, Ways, and Means Committee for 4/20/2026

  30. Rec. for pass. if am., ref. to Calendar & Rules Committee

  31. Placed on cal. Calendar & Rules Committee for 4/20/2026

  32. H. Placed on Regular Calendar for 4/21/2026

  33. H. adopted am. (Amendment 1 - HA1236)

  34. H. adopted am. (Amendment 2 - HA1241)

  35. Passed H., as am., Ayes 90, Nays 0, PNV 2

  36. Sponsor(s) Added.

  37. Engrossed; ready for transmission to Sen.

  38. Received from House, Passed on First Consideration

Sponsors

Sponsorship breakdown

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1 sponsors · 14 co-sponsors · 118 not signed on

Sponsors (1)

Co-sponsors (14)

Not signed on (118)

118 members have not signed on to this bill.

Show all 118 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

taxation finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 2038 do?
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.
Who sponsors HB 2038?
HB 2038 is sponsored by Hicks T, Hulsey, Bud (Republican), Reneau, Michele (Republican), Eldridge, Rick (Republican), Lynn, Susan M. (Republican), Sherrell, Paul (Republican), Doggett, Clay (Republican), Davis, Elaine (Republican), Bricken, Rush (Republican), Stinnett, Tom (Republican), Terry, Bryan (Republican), Barrett, Jody (Republican), Moody, Debra (Republican), Fritts, Monty (Republican), and Keisling, Kelly (Republican).
What is the current status of HB 2038?
This bill has passed the House. Introduced January 21, 2026. It now moves to the second chamber.
Where can I track HB 2038?
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Last checked for changes 3 months ago · updated continuously

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