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Restore Sound Money in Tennessee

Alert Summary

Members of the Tennessee General Assembly are seeking to enact HB 2804 and SB 2737, which will help restore sound money and enforce the U.S. Constitution’s monetary provisions.

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URGENT: Sound-money bill SB 2737 has passed out of a Senate committee. This important bill, which would officially recognize gold and silver as legal tender, now heads to the Senate Finance, Ways, and Means Committee for consideration. Please contact your state senator, along with your state representative, and urge them to support SB 2737 and HB 2804.

Members of the Tennessee General Assembly are seeking to enact legislation helping restore sound money and enforce the U.S. Constitution’s monetary provisions.

House Bill 2804 (HB 2804) and Senate Bill 2737 (SB 2737) are sponsored by Representative Bud Hulsey (R-Kingsport) and Senator Frank Niceley (R-Strawberry Plains), respectively.

If enacted, these bills would officially recognize gold and silver as legal tender, a major step toward returning to constitutional adherence and treating gold and silver as currency.

HB 2804 and SB 2737 are great steps toward enforcing the Constitution’s monetary provisions. Article I, Section 10, of the U.S. Constitution plainly states that “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” It’s long overdue that states begin to enforce this provision once again.

Additionally, these bills are an important step toward nullifying the unconstitutional Federal Reserve, which has a monopoly on money, and also reducing Tennessee’s financial dependence on the federal government. It will also help Tennessee avoid the federal government’s planned “Central Bank Digital Currencies,” which severely threaten privacy and individual freedom.

Article VI of the U.S. Constitution obligates state officials to uphold the Constitution and nullify all laws not “made in Pursuance” of it. Officials at all levels of government must push back against the federal government’s many unconstitutional laws and agencies, and robustly enforce the Constitution and only those laws “made in Pursuance thereof.” HB 2804 and SB 2737 are a good model for other states to follow.

Urge your state representative and senator to support HB 2804 and SB 2737, and to fully restore sound money in Tennessee.


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Contact your state legislators

Please help enact HB 2804 and SB 2737 by contacting your state legislators. Urge them to support strong legislation that enforces the U.S. Constitution and restores sound monetary policy.

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