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South Carolina Bills Would Take Steps Toward Treating Gold and Silver as Money

South Carolina Bills Would Take Steps Toward Treating Gold and Silver as Money

by Mike Maharrey | Dec 16, 2019 | Federal Reserve, State Bills

COLUMBIA, S.C. (Dec. 16, 2019) – Two bills prefiled in the South Carolina House would take important steps toward treating gold and silver as money instead of commodities and could undermine the Federal Reserves monopoly on money. Rep. Stewart Jones (R-Laurens)...
Big Step Forward for Sound Money: Texas Picks Company to Run Bullion Depository

Big Step Forward for Sound Money: Texas Picks Company to Run Bullion Depository

by Mike Maharrey | Jun 21, 2017 | Federal Reserve

AUSTIN, Texas (June 21, 2017) – The Texas bullion depository took a major step closer to reality last week when officials formally announced the private vendor that will run the facility. The creation of a state bullion depository in Texas represents a power shift...

Tennessee Legislature Drops the Ball on Creating Gold Depository, Taking on the Fed

by Mike Maharrey | Jun 5, 2017 | Federal Reserve

NASHVILLE. Tenn. (Jun. 5, 2017) – Last spring, Tennessee Gov. Bill Haslam signed a resolution in support of creating a state gold bullion depository. Both houses of the legislature passed the measure unanimously. So, what’s happened since? Nothing. Rep....
Texas House Passes Legislation to Facilitate Use of Bullion Depository

Texas House Passes Legislation to Facilitate Use of Bullion Depository

by Mike Maharrey | May 14, 2017 | Federal Reserve, State Bills

AUSTIN, Texas (May 14, 2017) – On Wednesday, the Texas House unanimously passed a proposed state constitutional amendment that would authorize the legislature to exempt precious metals held in the Texas Bullion Depository from ad valorem taxation. Passage of the...
Tennessee Governor Signs Resolution in Support of Creating Bullion Depository

Tennessee Governor Signs Resolution in Support of Creating Bullion Depository

by Mike Maharrey | Apr 28, 2016 | Federal Reserve, State Bills

NASHVILLE, Tenn. (April 28, 2016) – Yesterday, Tennessee Gov. Bill Haslam signed a resolution setting the stage for creation of state bullion depository, an important first step toward establishing gold and silver as money in the state. Rep. Bud Hulsey (R-Kingsport)...
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