Tennessee 114th General Assembly Status: Passed House 1 R cosponsors

HB 2427 — AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, relative to precious metals.

Last action — No Action Taken

  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 20, 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

Stalled 28% · moderate confidence

  • Passed House

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

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, enacts the "Tennessee Transactional Gold and Silver Act," which recognizes gold and silver as legal tender for private transactions and, when accepted, for paying state and local taxes or fees; authorizes the creation of a secure bullion depository and an electronic payment system to support the use of gold and silver; exempts gold and silver transactions from state and local taxation. - Amends TCA Title 9, Chapter 4.

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 3/3/2026

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

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

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

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

  9. Deferred to Summer Study

  10. Filed for introduction

  11. Intro., P1C.

  12. P2C, ref. to Commerce Committee - Government Operations for Review

  13. Assigned to s/c Banking & Consumer Affairs Subcommittee

  14. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/11/2026

  15. Rec for pass if am by s/c ref. to Commerce Committee

  16. Placed on cal. Commerce Committee for 3/18/2026

  17. Reset on Final cal. of Commerce Committee

  18. Placed on cal. Commerce Committee for 3/25/2026

  19. Action def. in Commerce Committee to 4/1/2026

  20. Placed on cal. Commerce Committee for 4/1/2026

  21. Action def. in Commerce Committee to 4/8/2026

  22. Placed on cal. Commerce Committee for 4/8/2026

  23. No Action Taken

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 132 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (132)

132 members have not signed on to this bill.

Show all 132 →

"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

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 2427 do?
Public Funds and Financing - As introduced, enacts the "Tennessee Transactional Gold and Silver Act," which recognizes gold and silver as legal tender for private transactions and, when accepted, for paying state and local taxes or fees; authorizes the creation of a secure bullion depository and an electronic payment system to support the use of gold and silver; exempts gold and silver transactions from state and local taxation. - Amends TCA Title 9, Chapter 4.
Who sponsors HB 2427?
HB 2427 is sponsored by Williams, Ryan (Republican).
What is the current status of HB 2427?
This bill has passed the House. Introduced January 20, 2026. It now moves to the second chamber.
Where can I track HB 2427?
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Last checked for changes 3 months ago · updated continuously

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