silver

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

A bill introduced in the Maine House would create a sales tax exemption on the sale of gold and silver bullion. Passage into law would relieve some of the tax burdens on investors and 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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To the Governor: Tennessee Passes Bill to Authorize State Gold and Silver Reserves

The legislation would authorize the state treasurer to “purchase and sell gold or precious metal bullion or specie that will be directly owned by the state.”

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

The legislation would establish “specie issued by the United States” as legal tender in the state, making it receivable in payment of all public and private debts contracted for in the state of Texas.

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Kentucky House Passes Bill That Would Take Step Toward Treating Gold and Silver as Money

The bill would make numerous changes to the Kentucky state tax code. Provisions in the bill would exempt the sale of gold, silver, platinum and palladium bullion, including bars, ingots and coins from the state sales tax.

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Idaho House Passes Bill to Authorize State Gold and Silver Reserves

BOISE, Idaho (March 9, 2023) – Last week, the Idaho House passed a bill that would create a process for the state to buy, sell, and hold gold and silver. This would set a foundation for Idaho to achieve more financial independence and help undermine the Federal Reserve’s monopoly on money. A coalition of Republicans […]

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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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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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