Arkansas Bill 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 within the state. Practically speaking, this would allow Arkansans to use gold or silver coins as money rather than just as mere investment vehicles. In effect, it would put gold and silver on the same practical footing as Federal Reserve notes.

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

Under the proposed law, businesses providing "basic needs, selling or offering for sale goods or services during regular business hours" would be prohibited from requiring payment by a central bank digital currency. It would also bar them from prohibiting the use of cash.

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New Jersey Bill Would Take Small Step Toward Treating Gold and Silver as Money

A bill introduced in the New Jersey Assembly would exempt gold and silver bullion coins from state sales and use taxes.

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Signed as Law: Tennessee Authorizes State Gold and Silver Reserves

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

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

a Kansas Senate Committee approved a bill that would make gold and silver legal tender in the state and would effectively repeal the state capital gains tax on gold and silver. Passage into law would eliminate barriers to using gold and silver in everyday transactions, a foundational step for the people to undermine the Federal Reserve’s monopoly on money.

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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.

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Texas Bill Would Create State-Issued Gold-Backed Digital Currency

The legislation would require the state comptroller to establish a digital currency that is fully backed by gold and redeemable in cash or gold as well. The comptroller would also be required to create a mechanism to use this gold-backed digital currency in everyday transactions.

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

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.

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Texas Bill Would Require State to Establish Gold and Silver Reserves

The proposed law would require the comptroller of public accounts to purchase $4 billion worth of gold bullion and $1 billion worth of silver bullion and deposit it into the Texas Bullion Depository.

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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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