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2023 Tennessee Code
Title 2 - ELECTIONS (§§ 2-1-101 — 2-20-109)
Chapter 10 - CAMPAIGN FINANCES (§§ 2-10-101 — 2-10-406)
Part 1 - FINANCIAL DISCLOSURE (§§ 2-10-101 — 2-10-133)
Section 2-10-113 - Digital currency as campaign contribution
Universal Citation:
TN Code § 2-10-113 (2023)
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- (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.
Added by 2015 Tenn. Acts, ch. 379,s 2, eff. 4/30/2015.
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