Texas

AUSTIN, Texas (May 14, 2017) – On Wednesday, the Texas House unanimously passed a proposed state constitutional amendment that would authorize the legislature to exempt precious metals held in the Texas Bullion Depository from ad valorem taxation. Passage of the amendment would take another step toward the everyday use of gold and silver in financial transactions…

AUSTIN, Texas (May 5, 2017) – Yesterday, the Texas House unanimously passed a bill that would facilitate the establishment and operation of the Texas Bullion Depository; helping to undermine the Federal Reserve’s monopoly on money. Rep. Giovanni Capriglione (R-Keller) introduced House Bill 3169 (HB3169) in March. The legislation includes various provisions for the operation and administration of…

AUSTIN, Texas (April 25, 2017) – Yesterday, a bill that would effectively prohibit so-called “sanctuary cities” that refuse to help enforce some federal immigration laws passed the Texas House. Sen. Charles Perry (R-Lubbock) filed Senate Bill 4 (SB4) along with 19 cosponsors. The legislation would ban localities from adopting policies that prohibit or restrict local agents…

AUSTIN, Texas (April 25, 2017) –  Last week, a Texas House committee passed a proposed state constitutional amendment that would authorize the legislature to exempt precious metals held in the Texas Gold Depository from ad valorem taxation. Passage of the amendment would take another step toward the everyday use of gold and silver in financial…