HB1479 allows the state treasurer to purchase and sell physical gold and precious metal.
The Tennessee State House of Representatives passed HB1479 on March 6, 2023 by a vote of 98 to 0. We have assigned pluses to the ayes because this bill is a necessary step toward restoring sound money and enforcing the U.S. Constitution’s monetary provisions. According to Article 1, Section 10, of the Constitution, “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” The States can and must act now to protect Americans’ financial freedom and privacy by both ending the Federal Reserve’s unconstitutional monopoly on money and thwarting government plans to impose a Central Bank Digital Currency.