HB 999: Gold and Silver Specie as Legal Tender
GENERAL BILL by Bankson
Gold and Silver Specie as Legal Tender; Specifies that specie legal tender is legal tender; prohibits specie or specie legal tender from being characterized as personal property for taxation & regulatory purposes under state law; specifies that purchases & sales of specie do not give rise to state tax liability; provides that exchanges or conversions of one type or form of legal tender for another type or form of legal tender do not give rise to state tax liability; prohibits persons from compelling others to tender or accept specie as legal tender; authorizes governmental entities to recognize specie legal tender for certain payments.
Bill History
Date | Chamber | Action |
---|---|---|
2/24/2025 | House |
• Filed |