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Now in Effect: Texas Law to Facilitate Use of Bullion Depository

Now in Effect: Texas Law to Facilitate Use of Bullion Depository

by Mike Maharrey | Jan 1, 2020 | Federal Reserve, State Bills

AUSTIN, Texas (Jan. 1, 2020) – Today, a law went into effect that exempts precious metals stored in the Texas Bullion Depository from certain taxes. Enactment of this law takes another step toward the everyday use of gold and silver in financial transactions in...
Texas Voters Approve State Constitutional Amendment to Facilitate Use of Bullion Depository

Texas Voters Approve State Constitutional Amendment to Facilitate Use of Bullion Depository

by Mike Maharrey | Nov 5, 2019 | Federal Reserve, State Bills

AUSTIN, Texas (Nov. 5, 2019) – Today, Texas voters passed a state constitutional amendment that exempts precious metals stored in the Texas Bullion Depository from certain taxes. Passage of the amendment takes another step toward the everyday use of gold and...
Signed by the Governor: Texas Bill to Facilitate Use of Bullion Depository

Signed by the Governor: Texas Bill to Facilitate Use of Bullion Depository

by Mike Maharrey | Jun 10, 2019 | Federal Reserve, State Bills

AUSTIN, Texas (June 10, 2019) – Last week, Texas Gov. Greg Abbott signed a bill into law that would exempt precious metals stored in the Texas Bullion Depository from certain taxes pending passage of a proposed constitutional amendment. If voters approve the...
Texas Senate Gives Final Approval on Two Bills to Facilitate Use of Bullion Depository

Texas Senate Gives Final Approval on Two Bills to Facilitate Use of Bullion Depository

by Mike Maharrey | May 21, 2019 | Federal Reserve, State Bills

AUSTIN, Texas (May 21, 2019) – Yesterday, the Texas Senate gave final approval to a pair of bills that that would exempt precious metals stored in the Texas Bullion Depository from certain taxes. Final enactment would take another step toward the everyday use of...
Texas House Passes Second Bill to Facilitate More Use of Bullion Depository

Texas House Passes Second Bill to Facilitate More Use of Bullion Depository

by Mike Maharrey | May 6, 2019 | Federal Reserve, State Bills

AUSTIN, Texas (May 6, 2019) – On Friday, the Texas House passed a second bill that would take a step toward exempting precious metals stored in the Texas Bullion Depository from certain taxes. Final passage of this legislation would take another step toward the...
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