Maine Committee Passes Bill to Make Gold and Silver Legal Tender in the State

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.

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Maine Committee Holds Hearing on Bill to Treat Gold and Silver as Money

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.

Continue ReadingMaine Committee Holds Hearing on Bill to Treat Gold and Silver as Money

Maine Bill Would Take Steps Toward Treating Gold and Silver as Money

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 Bill Would Take Steps Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.

Continue ReadingMaine Bill Would Take Steps Toward Treating Gold and Silver as Money