Consumer Protection - As introduced, prohibits a person from requiring another to use programmable money for a transaction; prohibits an issuer of programmable money from denying a transaction based upon certain factors; requires an issuer of programmable money that denies a transaction to provide reasons for the denial to the affected party upon request; designates violations to be violations of the Consumer Protection Act of 1977 and provides for other forms of relief and enforcement. - Amends TCA Title 47.

SB 2071 prohibits businesses from requiring customers to use programmable money (digital currency with built-in transaction rules) for payments and bans digital payment providers from denying transactions based on protected characteristics like race, religion, political views, or medical history. If a transaction is denied, providers must explain the reason within 90 days upon request. Violations are treated as breaches of Tennessee’s Consumer Protection Act, enabling legal action and remedies. This law directly affects digital payment services and consumers using programmable money in Tennessee.