Public Funds and Financing - As introduced, adds certain definitions concerning precious metals; makes precious metal coins legal tender; prohibits a person from compelling another to accept precious metal coins as legal tender. - Amends TCA Title 9, Chapter 1.

HB 2038 defines gold and silver coins as legal tender in Tennessee, meaning they can be used to pay debts within the state. The bill prohibits anyone from forcing another person to accept these coins as payment, unless specifically agreed upon or required by law. This affects all individuals, businesses, and government entities in Tennessee who might encounter disputes over using gold or silver coins for transactions. The law establishes the coins' legal status while preventing coercion in their acceptance.