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Tennessee Committee Passes Resolution in Support of Creating a Bullion Depository

NASHVILLE, Tenn. (Mar 8, 2016) House Joint Resolution 516 (HJR516) from Rep. Brad Hulsey passed the House Finance, Ways & Means Committee this afternoon.

The resolution “expresses support for the storage of gold and precious metal bullion and coins in a Tennessee bullion depository” similar to what Gov. Greg Abbott signed into law in Texas last year. (learn more here)

It’s a resolution – but an important first step. We encourage Tennessee residents to get in touch with Hulsey if this passes to encourage him to file a bill to get this done in 2017.

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Tenth Amendment Center

The Tenth Amendment Center is a national think tank that works to preserve and protect the principles of strictly limited government through information, education, and activism. The center serves as a forum for the study and exploration of state and individual sovereignty issues, focusing primarily on the decentralization of federal government power as required by the Constitution. For more information visit the Tenth Amendment Center Blog.