Now in Effect: Alabama Law will Help Encourage the Use of Gold and Silver as Money
MONTGOMERY, Ala. (June 1, 2018) – Today, an Alabama law exempting the sale of gold and silver bullion from state sales and use tax, encouraging its use and taking the first step toward breaking the Federal Reserve’s monopoly on money went into effect. Sen. Tim Melson (R-Florence) introduced Senate Bill 156 (SB156) on Jan. 11. The…