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.
SALEM, Ore. (Feb. 14, 2023) – A bill introduced in the Oregon House would exempt the sale of precious metals from the state’s Corporate Activity Tax (CAT). Passage into law would relieve some of the tax burden on precious metals dealers and investors, and would also lower one barrier to using gold and silver in […]
The post Oregon House Committee Holds Hearing on Bill That Would Take a Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
The legislation would create a sales and use tax exemption for precious metal bullion. The bill defines “precious metal bullion” as bars, ingots, or coins made of gold, silver, platinum, palladium, or a combination of these metals to be used as a medium of exchange, security, or commodity.
The post Kentucky Bill Would Take Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
Nullification Movement News, Episode 6. Reports include:
-Sound Money, anti-CBDC bill passes Missouri Senate
-Taking on Geolocation tracking and Gun Purchase Surveillance
-Nullifying Federal Gun Control
The legislation would take steps to treat gold and silver as money in Missouri and encourage its use as such, including making it legal tender, and eliminating the state capital gains tax on gold and silver. It also prohibits any entity of the state from requiring payment in the form of any digital currency, including a central bank digital currency (CBDC).
The post Missouri Senate Passes Bill That Would Take Steps Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
The proposed law would exclude capital gains and losses from the sale of bullion, coins, or currency from income for the purpose of calculating state income taxes. The bill defines "bullion" as bars, ingots, or commemorative medallions of gold, silver, platinum, and palladium where the value depends on its contents, not its form.
The post Iowa Bill Would Repeal Capital Gains Taxes on Gold and Silver Bullion 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.
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.
The post Wisconsin Bill Would Take Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
A bill filed in the Tennessee House would establish a precious metals 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 the Volunteer State and set the stage to undermine the Federal Reserve’s monopoly on money.
The post Tennessee Bill Would Create Precious Metals Bullion Depository first appeared on Tenth Amendment Center.
The law would amend the Wyoming Legal Tender Act to require the state treasurer to establish a system to provide for the payment of mineral tax payments with specie or specie legal tender “subject to authentication procedures … that are consistent with precious metals industry standards.”
The post Wyoming Senate Passes Bill to Take Another Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.