Tennessee Statutes
§ 2-10-113 — Digital currency as campaign contribution
Tennessee·Title 2
(a)A candidate or political campaign committee is allowed to accept digital currency as a contribution. Digital currency shall be considered a monetary contribution with the value of the digital currency being the market value of the digital currency at the time the contribution is received.
(b)Any increase in the value of digital currency being held by a candidate or political campaign committee shall be reported as interest on any statement filed pursuant to § 2-10-105 .
(c)A candidate or political campaign committee must sell any digital currency and deposit the proceeds from those sales into a campaign account before spending the funds.
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Legislative History
Added by 2015 Tenn. Acts, ch. 379,s 2, eff. 4/30/2015.
Nearby Sections
15
§ 2-1-101
Short title§ 2-1-102
Purpose§ 2-1-103
Scope of title§ 2-1-104
Title definitions§ 2-1-105
Voting eligibility§ 2-1-106
Absence from work allowed for voting§ 2-1-108
Filing of required documents§ 2-1-109
Copies of documents - Certification§ 2-1-113
Meetings of boards and commissions§ 2-1-114
Requisites for political parties§ 2-1-115
Computation of time