S.B.0535: Public Funds and Financing - As enacted, prohibits local governmental entities from paying, compensating, awarding, or remitting funds in the form of, or facilitating the conversion of compensation or funds to, blockchain, cryptocurrency, non-fungible tokens, or virtual currency to an individual person, corporation, or other entity (or procuring the services for the performance of any such actions) without the prior written approval of the state treasurer. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 11; Title 12; Title 13; Title 41; Title 42; Title 49; Title 54; Title 64; Title 68 and Title 69.

Fiscal Summary Not Available Bill Summary Public Funds and Financing - As introduced, clarifies the power to purchase bonds or notes granted to the Tennessee local development authority is in addition and supplemental to other powers conferred to the authority; clarifies contracts for services similar to legal, financial, and consultant services must be professional services to not be subject to competitive procurement methods; authorizes superintendent of county workhouse to keep electronic record of supplies, implements, and tools purchased for the workhouse and not just in a well-bound book. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 11; Title 12; Title 13; Title 41; Title 42; Title 49; Title 54; Title 64; Title 68 and Title 69.