Texas Committee Passes Bill to Create 100% Reserve Gold and Silver-Backed Transactional Currencies

In establishing gold and silver specie, the comptroller would be required to authorize the Texas Bullion Depository as issuer and ensure that the holder of the specie may use the specie as legal tender in payment of debt and readily transfer the specie to another person.

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Maine Committee Holds Hearing on Bill to Authorize Investment of State Funds in Gold and Silver

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.

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Signed as Law: Mississippi Takes First Step Toward Treating Gold and Silver as Money

Repealing sales taxes on precious metal bullion takes a step toward treating gold and silver as money instead of commodities. Taxes on precious metal bullion erect barriers to using gold and silver as money by raising transaction costs

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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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Signed by the Governor: Arkansas Law Makes Gold and Silver Legal Tender in the State

The law makes “gold and silver specie” legal tender in the state, meaning it is recognized as a medium of exchange. Practically speaking, this will allow Arkansans to use gold or silver coins as money rather than just as mere investment vehicles.

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Missouri House Committee Passes Bill to Treat Gold and Silver as Legal Tender

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 would also prohibit any public entity of the state from requiring payment in the form of any digital currency, including a central bank digital currency (CBDC).

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Maine Committee Approves Bill That Would Take Step Toward Treating Gold and Silver as Money

The legislation would exempt the sale of gold and silver coins and bullion from the state sales and use tax effective Jan. 1, 2024.

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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.

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Legal Tender Act: Gold and Silver are Money

The unconstitutional central bank uses fiat to power the largest government in history. The federal government will never shut down its own money printer. So it’s up to the states and the people to get the job done. An important first step is the “Legal Tender Act” - now law in 3 states, and counting.

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To the Governor: Arkansas Passes Bill that Would Make Gold and Silver Legal Tender in the State

The legislation would make “gold and silver specie” legal tender in the state, meaning it would be recognized as a medium of exchange. Practically speaking, this would allow Arkansans to use gold or silver coins as money rather than just as mere investment vehicles.

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