The law explicitly excludes a CBDC from the definition of money in Florida, effectively banning its use as such in the state.
The post Now in Effect: Florida Law Removes CBDC from the Definition of Money first appeared on Tenth Amendment Center.
the North Carolina House passed a bill that would mandate a study to explore the state acquisition of precious metals and cryptocurrency, along with a cost-and-benefit study on creating a state precious metals bullion depository.
The post North Carolina House Passes Bill to Explore Creation of Bullion Depository Along with Gold, Silver and Crypto Reserves first appeared on Tenth Amendment Center.
The legislation would exempt the sale of investment metal bullion and investment coins from the state sales and use tax.
The post New Jersey Assembly Committee Passes Bill that Takes Step Toward Treating Gold and Silver as Money first appeared on Tenth Amendment Center.
On, Tuesday, a California Senate committee passed a bill that would extend a temporary ban on police use of facial recognition and biometric scanners with police officer cameras for three more years.
The post California Senate Committee Advances Bill to Extend Temporary Ban on Facial Recognition with Police Body Cameras first appeared on Tenth Amendment Center.
The enactment of SB773 expands the 2015 law to enable patients suffering from chronic diseases, rather than only terminal illnesses, to access medications and treatments not yet given final approval for use by the FDA.
The post Signed as Law: Texas Expands Right to Try Act first appeared on Tenth Amendment Center.
The new law prohibits government agencies in Alabama from accepting a CBDC as payment, and from participating in any testing of a CBDC by the Federal Reserve.
The post Signed as Law: Alabama Takes Small Step Against a Potential CBDC first appeared on Tenth Amendment Center.
The legislation would direct the Department of State Treasurer to study the costs and benefits that would result from a state-administered and state-audited vaulting bullion depository in North Carolina.
The post North Carolina House Committee Passes Bill to Explore Creation of State Bullion Depository first appeared on Tenth Amendment Center.
A bill introduced in the South Carolina Senate would expressly exclude a central bank digital currency (CBDC) from the definition of money in South Carolina, creating potentially significant roadblocks to its use as such in the state.
The post South Carolina Bill Would Exclude CBDC from Definition of Money in the State first appeared on Tenth Amendment Center.
Yesterday, Texas Gov. Greg Abbott signed a bill that could ban state cooperation with the enforcement of some federal regulations on oil and gas production in the state. But the new law has a big loophole that will likely allow state and local agencies to continue enforcing many if not all federal regulations.
The post Texas Bans State Enforcement of Some Federal Regulations on Oil and Gas; But Law Has Big Loophole first appeared on Tenth Amendment Center.
Provisions in the bill also decouple the state tax code from federal law as it applies to deductions for marijuana businesses. In effect, the new law allows marijuana businesses in Connecticut to take tax deductions on their state returns that they’re currently prohibited from utilizing.
The post Signed as Law: Connecticut Eliminates State Conformity with IRS Section 280E for Marijuana Businesses first appeared on Tenth Amendment Center.