Signed as Law: Tennessee Authorizes State Gold and Silver Reserves

In practice, the enactment of HB1479 allows the state of Tennessee to hold reserves of gold, silver, platinum, and palladium coins and bars.

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To the Governor: Tennessee Passes Bill to Authorize State Gold and Silver Reserves

The legislation would authorize the state treasurer to “purchase and sell gold or precious metal bullion or specie that will be directly owned by the state.”

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