Tennessee HB 777: Public Funds and Financing - As introduced, requires the treasurer to invest 40 percent of the funds in the rainy day fund in gold bullion or other precious metal bullion; requires the treasurer to contract with a bank in the state to store the bullion at no cost to the state. - Amends TCA Title 9.

Status: Action Def. in s/c Finance, Ways & Means Subcommittee to 2018 (as of 2017-03-29)

State: Tennessee · Session: 110 · Bill: HB 777

Subjects: Public Funds and Financing

Sponsors: Hulsey, Niceley

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