Federal Reserve
Now in Effect: Three South Dakota Laws Take Steps Against a Central Bank Digital Currency
PIERRE, S.D. (July 1, 2024) – Today, three South Dakota laws go into effect that take steps to reject a central bank digital currency (CBDC). Rep. Mike Stevens and a bipartisan coalition of cosponsors introduced House Bill 1163 (HB1163) and House Bill 1161 (HB1161)....
Signed as Law: Georgia Takes Step Against a Potential CBDC
ATLANTA, Ga. (May 9, 2024) –On Monday, Georgia Governor Brian Kemp signed a bill into law that will take a small step toward limiting the impact of any potential future central bank digital currency (CBDC) in the state. Rep. Carter Barrett and five cosponsors...
Signed as Law: Wisconsin Repeals Sales Tax on Gold and Silver
MADISON, Wisc. (March 21, 2024) – Today, Wisconsin Gov. Tony Evers signed a bill into law that repeals the state sales tax on gold and silver bullion. Enactment of this law will ease some of the tax burdens on investors. It will also eliminate one barrier to using...
Iowa House Passes Bill to Remove State Capital Gains Taxes on Gold and Silver
DES MOINES, Iowa (March 20, 2024) – Yesterday, the Iowa House passed a bill that would eliminate state capital gains taxes on gold and silver bullion and coins. The House Ways and Means Committee introduced House Bill 2626 (HF2626) . Passage into law would relieve...