The legislation would establish "specie" as legal tender in the state, making it receivable in payment of all public and private debts contracted for in the state of Montana.
The post Montana Bill Would Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.
Under the proposed law, "specie coins" issued by the U.S. government or any other specie that a court of competent jurisdiction designates would be legal tender in the state of Kansas and recognized as a medium of exchange for the payment of debts and taxes.
The post Kansas Bill Would Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.
A bill filed in the Tennessee House would make gold and silver legal tender in the state. Passage into law would eliminate a big barrier to using gold and silver in everyday transactions, a foundational step for the people to undermine the Federal Reserve’s monopoly on money.
The post Tennessee Bill Would Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.
Practically speaking, this would allow Tennesseans to use gold or silver coins as money rather than just as mere investment vehicles. In effect, it would put gold and silver on the same footing as Federal Reserve notes.
The post Tennessee Bill Would Make Gold and Silver Legal Tender in the State first appeared on Tenth Amendment Center.
A bill filed in the Oklahoma Senate would establish a state bullion depository. This would not only create a safe place to store precious metals; it also has the potential to facilitate the everyday use of gold and silver in financial transactions in Oklahoma and set the stage to undermine the Federal Reserve’s monopoly on money
The post Oklahoma Bill Would Create State Bullion Depository first appeared on Tenth Amendment Center.
The legislation would establish a state bullion depository that could operate either "exclusively or non-exclusively" as a precious metals depository to "serve as the custodian, guardian, and administrator of certain bullion and specie that may be deposited with the depository by this state, a political subdivision, or another instrumentality of this state, or by a private individual, party, or other entity."
The post Tennessee Bill Would Create State Bullion Depository first appeared on Tenth Amendment Center.
A bill introduced in the Minnesota House would expand the sales tax exemption on gold and silver to include bullion coins. The passage of this bill would relieve some of the tax burdens on investors, and would also eliminate another barrier to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.
The post Minnesota Bill Would Expand Sales Tax Exemption on Gold and Silver; Take Another Step Toward Treating Them as Money first appeared on Tenth Amendment Center.
A bill introduced in the Alaska House would exempt gold and silver bullion from the state sales tax and make both legal tender in the state. Passage of this bill would not only relieve some of the tax burdens on investors, but it would also eliminate barriers to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.
The post Alaska Bill Would Set the Stage to Treat Gold and Silver as Money first appeared on Tenth Amendment Center.
Practically speaking, this would allow South Carolina residents to use gold or silver coins as money rather than just as a mere investment vehicle. In effect, it would put gold and silver on the same footing as Federal Reserve notes.
The post South Carolina Bills Would Take Steps Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.PHOENIX, Ariz. (Aug. 3, 2018) – Today, an Arizona law goes into effect taking another step toward establishing gold and silver as money. The new law supplements Federal Reserve notes with honest money that has stable, constitutionally protected value. Rep. Mark Finchem (R-Tucson) sponsored House Bill 2013 (HB2013). The new law recognizes silver and gold as liquid…