The legislation would exempt the sale of gold and silver coins and bullion from the state sales and use tax effective Jan. 1, 2024.
The post Maine Senate Passes Bill to Remove Sales Tax from Gold and Silver Bullion first appeared on Tenth Amendment Center.
a Maine committee held a hearing on a bill that would establish a state-chartered bank outside of the federal banking system authorized to issue transactional currency 100 percent backed by gold coins and bullion minted by the bank.
The post Maine Committee Holds Hearing on Bill to Create State Bank That Would Issue Gold-Backed Transactional Currency first appeared on Tenth Amendment Center.
Despite the fact that the legislation only allows for the state to invest funds in precious metals, but does not require it, the Maine Office of the State Treasurer lobbied against the bill in a hearing on April 26.
The post Maine Committee Holds Hearing on Bill to Authorize Investment of State Funds in Gold and Silver first appeared on Tenth Amendment Center.
The legislation would recognize cannabis and hemp as food as a protected right under the Constitution in Maine. In effect, this would ensure there is no state ban on the sale of food, drinks, or supplements containing cannabinoids or THC. This is crucial because the federal government continues to prohibit cannabis as a controlled substance, and despite removing hemp from the list of controlled substances, the federal government still prohibits the sale of CBD products in food under FDA rules.
The post Maine Bill Would Allow CBD in Food Despite FDA Prohibition formerly https://blog.tenthamendmentcenter.com/2023/04/maine-bill-would-allow-cbd-in-food-despite-fda-prohibition/ first appeared on Tenth Amendment Center.
The legislation would make gold and silver in coin or bar form legal tender for all transactions as long as the buyer and seller agree as to the fair market value of the metal.
The post Maine Committee Passes Bill to Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.
The legislation would exempt the sale of gold and silver coins and bullion from the state sales and use tax effective Jan. 1, 2024.
The post Maine Committee Approves Bill That Would Take Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
The legislation would make gold and silver in coin or bar form legal tender for all transactions as long as the buyer and seller agree as to the fair market value of the metal. The bill would also exempt the sale of gold and silver legal tender from the state sales and use tax.
The post Maine Committee Holds Hearing on Bill to Treat Gold and Silver as Money first appeared on Tenth Amendment Center.
AUGUSTA, Maine (Apr 7, 2023) – On Monday a Maine committee issued a “divided report” on a bill that would require the governor to stop unconstitutional foreign combat deployments of the state’s National Guard troops, sending it to the House and Senate for further consideration. Passage into law would take a big step toward restoring […]
The post Maine Defend the Guard Act Moves to Full Senate first appeared on Tenth Amendment Center.
Last week, a Maine committee held a hearing on a bill that would ban “material support or resources” for warrantless federal surveillance programs. The passage of the bill would take an essential step every state needs to take at a time when the federal government seems unlikely to ever end unconstitutional spying on its own.
The post Maine Committee Holds Hearing on Bill to Ban “Material Support or Resources” for Warrantless Federal Surveillance first appeared on Tenth Amendment Center.
The proposed law would authorize the Maine State Treasurer to invest state funds located in the Maine Budget Stabilization Fund under chapter 142 and any pension fund administered by the treasury in gold, silver, or other precious metals. In effect, holding gold and silver would help secure state assets against the risks of inflation and financial turmoil. It would also reinforce the importance of sound money in the state's financial system.
The post Maine Bill Would Authorize the Investment of State Funds in Gold and Silver first appeared on Tenth Amendment Center.