Tennessee House Passes Bill to Create State Gold and Silver Reserves

In practice, the enactment of HB1479 would allow the state of Tennessee to hold reserves of gold, silver, platinum, and palladium coins and bars.

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Iowa Subcommittee Passes Bill to Repeal Capital Gains Taxes on Gold and Silver Bullion

The passage of HF208 would remove one of the tax barriers that hinder the use of gold and silver as money in Iowa.

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Tennessee House Committee Passes Bill to Create State Gold and Silver Reserves

In practice, the enactment of HB1479 would allow the state of Tennessee to hold reserves of gold, silver, platinum, and palladium coins and bars.

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Oklahoma Committee Passes Bill That Would Minimize the Impact of Central Bank Digital Currencies

Under the proposed law, a retail establishment would be prohibited from requiring payment by credit card or a central bank digital currency during normal business hours. Retail establishments also could not legally prohibit the use of cash, nor penalize cash customers.

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Montana Bill Would Make Gold and Silver Legal Tender in the State

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.

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Mississippi House and Senate Pass Bills to Take Step Toward Treating Gold and Silver as Money

Practically speaking, eliminating taxes on the sale of gold and silver cracks open the door for people to begin using specie in regular business transactions. This marks an important small step toward currency competition.

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Alaska Committee Passes Bill That Would Set the Stage to Treat Gold and Silver as Money

an Alaska House committee passed a bill that would exempt gold and silver bullion from local sales tax and make both legal tender in the state. Passage into law 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.

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Wisconsin Bill Would Take Step Toward Treating Gold and Silver as Money

The legislation would create a sales and use tax exemption for precious metal bullion. The bill defines “precious metal bullion” as coins, bars, rounds, or sheets that contain at least 35 percent gold, silver, copper, platinum, or palladium.

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Mississippi House and Senate Committees Pass Bills to Take Step Toward Treating Gold and Silver as Money

This week, two bills that would make a sales tax exemption on the sale of gold and silver bullion and coins passed their respective House and Senate committees. Passage into law would relieve some of the tax burdens on investors, and would also eliminate one barrier to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.

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