Arizona Committee Passes Bill to Treat Gold and Silver as Money, Remove Capital Gains Taxes

PHOENIX, Ariz. (Mar. 8, 2017) – Today, an Arizona Senate Committee passed a bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money.

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New Mexico Committee Passes Bill to Decriminalize Industrial Hemp; Foundation to Nullify Federal Prohibition

SANTA FE, N.M. (March 8, 2017) – A New Mexico bill that would decriminalize industrial hemp took another step forward last week, passing an important Senate committee. Passage into law would set the stage for the people there to nullify federal prohibition on the plant in practice.

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Iowa Senate Committee Passes Bill Taking on Asset Forfeiture; Closes Federal Loophole

DES MOINES, Iowa (March 7, 2017) – On Monday, an Iowa Senate committee unanimously passed a bill that would reform the state’s asset forfeiture laws to prohibit the state from taking property without a criminal conviction in many cases. The legislation also takes on federal forfeiture programs by banning prosecutors from circumventing state laws by passing cases off to the feds in most situations.

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Idaho Committee Passes Bill to Support Sound Money, Undermine Federal Reserve Monopoly

BOISE, Idaho (March 7, 2017) – An Idaho bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency, passed an important House committee last week. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money.

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Texas Proposal Would Include the Right to Sound Money and Bitcoin in the State Constitution

AUSTIN, Texas (March 7, 2017) – A joint resolution introduced in the Texas House proposes a state constitutional amendment to guarantee the right to own, hold and use any mutually agreed upon medium of exchange. Passage of the bill would take another step toward undermining the Federal Reserve’s monopoly on money.

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Wisconsin Bill Takes on Asset Forfeiture, Would Close Federal Loophole

MADISON, Wisc. (Mar. 6, 2017) – A bill introduced in the Wisconsin Senate would reform the state’s asset forfeiture laws to prohibit the state from taking property without a criminal conviction. The legislation also takes on federal forfeiture programs by banning prosecutors from circumventing state laws by passing cases off to the feds.

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