SB 167 Tennessee Senate · 114th Regular Session (2025-2026)

Treasurer, State - As introduced, allows the state treasurer to enter into an agreement with an entity to carry out certain activities in order to serve as a facility to securely produce, store, process, and ship bullion products for the state's depository. - Amends TCA Title 9, Chapter 4.

SB 167 establishes a process for Tennessee to partner with a private manufacturer to operate a state mint for producing gold and silver bullion. It requires the selected entity to have at least 50 years of U.S. manufacturing experience, including government coin programs, and U.S. ownership. The state treasurer would choose this partner through standard procurement rules, and the facility would securely produce, store, and ship bullion products for the state's depository. This directly affects the state treasurer's office and qualifying manufacturers seeking to become the state's mint operator.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025 Last action Apr 22, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
13
Key actions
8
Committee
10
Apr 22, 2025
Committee
Assigned to General Subcommittee of Senate Finance, Ways & Means Committee
lower
Apr 17, 2025
Lower · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
lower
Apr 14, 2025
Lower · Passed
Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
lower
Apr 14, 2025
Lower · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
lower
Mar 25, 2025
Lower · Passed
Recommended for passage, refer to Senate Finance, Ways, and Means Committee
lower
Mar 19, 2025
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/25/2025
lower
Mar 18, 2025
Lower · Passed
Action deferred in Senate Commerce and Labor Committee to 3/25/2025
lower
Mar 13, 2025
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
lower
Mar 11, 2025
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
lower
Jan 27, 2025
Committee
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
upper
Jan 16, 2025
Introduced
Introduced, Passed on First Consideration
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Paul Bailey
Paul Bailey
RRepublican
TN
15