CS/SB 132: Legal Tender
GENERAL BILL by Banking and Insurance ; Rodriguez ; (CO-INTRODUCERS) Gruters ; Burgess
Legal Tender; Revising the sales and use tax of coin or currency tax exemption; specifying, beginning on a specified date, that gold coin and silver coin are legal tender for a specified purpose; requiring custodians of gold coin or silver coin which hold public deposits to meet certain requirements; prohibiting money services businesses from being required to offer certain products or services; prohibiting a person from engaging in or advertising that they engage in the activity of a custodian of gold or coin or silver coin for compensation without a license, etc.
Effective Date: Upon becoming a law
Last Action: 4/17/2025 Senate - On Committee agenda-- Appropriations, 04/22/25, 11:00 am, 110 Senate Building
Bill Text: Web Page | PDF
Last Action: 4/17/2025 Senate - On Committee agenda-- Appropriations, 04/22/25, 11:00 am, 110 Senate Building
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/20/2024 | Senate |
• Filed |
| 1/15/2025 | Senate |
• Referred to Banking and Insurance; Finance and Tax; Appropriations |
| 3/4/2025 | Senate |
• Introduced |
| 3/26/2025 | Senate |
• On Committee agenda-- Banking and Insurance, 03/31/25, 1:30 pm, 412 Knott Building |
| 3/31/2025 | Senate |
• CS by Banking and Insurance; YEAS 10 NAYS 0 |
| 4/3/2025 | Senate |
• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Original reference(s) removed: Finance and Tax • Remaining references corrected to Appropriations • Now in Appropriations • CS by Banking and Insurance read 1st time |
| 4/17/2025 | Senate |
• On Committee agenda-- Appropriations, 04/22/25, 11:00 am, 110 Senate Building |
