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.
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Bill History
Date Chamber Action 2/24/2025 House • Filed
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HB 999, Original Filed Version (Current Bill Version) Posted 2/24/2025 at 4:51 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 132 Legal Tender Rodriguez Compare Last Action: 1/15/2025 S Referred to Banking and Insurance; Finance and Tax; Appropriations Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 215.986 Page 1 (pdf)