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Our first action item is to call/email the members of Senate Commerce & Labor and ask them to vote no on the UCC update bill Senate Bill (SB) 0479/House Bill (HB) 0640. The bill is 73 pages long and reforms the Uniform Commercial Code – with multiple provisions related to digital money. For two weeks we at Solari have been trying to find someone who can explain what this bill does and why it is needed and we have yet to been able to get a satisfactory answer.
We do know that this is the same UCC package that Governor Kristi Noem vetoed in South Dakota last year. We know that only 11 states have passed it – and therefore 39 states have not and thus there is no rush for TN to do so. We have time to understand what this bill does and why it is needed. We’ve been told that there is a new amendment that will make sure that the bill does not aid in the implementation of CBDCs, however that is cold comfort. The world’s largest central banks can use fast payment systems and private digital currencies to consolidate our banking systems and implement controls from New York, Washington, and Basel, Switzerland without CBDCs. Do not be fooled into thinking that this is just about CBDCs. We are facing a full blown weaponization of the global financial and banking system and it is one that we have the power to do something about to protect the people of Tennessee. When the central bankers are openly telling you that they are going to implement digital financial systems that will allow them to implement direct taxation without representation, that means they are planning a world in which Tennessee's banks and credit unions will be consolidated and ultimately wiped out and Tennessee state government will lose its sovereignty.
With this in mind, we can not pass a 73 page bill reforming the Tennessee laws governing our currency and financial system that are too complicated to make sense and which we do not understand. We ask that you please reach out to the committee members and ask them to vote no on SB0479. Let’s only pass bills that we understand and that we know for certain improve the health, wealth, and freedom of the people of Tennessee. SB0479 per the bill page is currently listed as being placed on the Committee Calendar in Senate Commerce & Labor this Tuesday February 6th, however, the committee agenda does not currently list it. This is the bill page to watch for updates. https://wapp.capitol.tn.gov/apps/BillInfo/Default.aspx?BillNumber=HB0640&ga=113
When looking at a bill page and wishing to read the bill in full, click on the bill number in white on the top left and a PDF of the full bill language will open up.
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