Tennessee HB 653: Public Funds and Financing - As enacted, prohibits local governmental entities from paying, compensating, awarding, or remitting funds in the form of, or facilitating the conversion of compensation or funds to, blockchain, cryptocurrency, non-fungible tokens, or virtual currency to an individual person, corporation, or other entity (or procuring the services for the performance of any such actions) without the prior written approval of the state treasurer. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 11; Title 12; Title 13; Title 41; Title 42; Title 49; Title 54; Title 64; Title 68 and Title 69.

Status: Pub. Ch. 861 (as of 2022-04-26)

State: Tennessee · Session: 112 · Bill: HB 653

Subjects: Public Funds and Financing

Sponsors: Hazlewood, Watson

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