HB 999: Gold and Silver Specie as Legal Tender
GENERAL BILL by Bankson ; LaMarca ; (CO-INTRODUCERS) Barnaby ; Chamberlin ; Miller ; Plasencia
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.
Last Action: 3/31/2025 House - Added to Ways & Means Committee agenda
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/24/2025 | House |
• Filed |
| 3/2/2025 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Ways & Means Committee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 3/4/2025 | House |
• 1st Reading (Original Filed Version) |
| 3/18/2025 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 3/20/2025 | House |
• Favorable by Insurance & Banking Subcommittee |
| 3/21/2025 | House |
• Reported out of Insurance & Banking Subcommittee • Now in Ways & Means Committee |
| 3/31/2025 | House |
• Added to Ways & Means Committee agenda |
