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Missouri Constitutional Money Act Signed as Law

Missouri Constitutional Money Act Signed as Law

by Mike Maharrey | Jul 10, 2025 | Federal Reserve, State Bills

JEFFERSON CITY, Mo. (July 10, 2025) – Today, Missouri Governor Mike Kehoe signed the Constitutional Money Act into law. The new law officially recognizes gold and silver as legal tender, exempts both from state capital gains taxation, and bars state enforcement of any...
Signed as Law: Texas Takes Step Toward Recognizing Gold and Silver as Legal Tender

Signed as Law: Texas Takes Step Toward Recognizing Gold and Silver as Legal Tender

by Mike Maharrey | Jul 9, 2025 | Federal Reserve, State Bills

AUSTIN, Texas, (July 9, 2025) – Texas Governor Greg Abbott has signed a bill into law that starts the process of officially recognizing gold and silver as legal tender in the state, and authorizes the state comptroller to establish a payment system using gold...
Signed as Law: Florida Repeals All Sales Taxes on Gold and Silver Bullion

Signed as Law: Florida Repeals All Sales Taxes on Gold and Silver Bullion

by Mike Maharrey | Jul 9, 2025 | Federal Reserve, State Bills

TALLAHASSEE, Fla. (July 9, 2025) – Last month, Florida Governor Ron DeSantis signed a bill into law that completely repeals the state’s sales tax on gold and silver bullion. Under Florida law, sales tax is not charged on the gold, silver, and platinum...
Now in Effect: Idaho Bill to Recognizes Gold and Silver as Legal Tender

Now in Effect: Idaho Bill to Recognizes Gold and Silver as Legal Tender

by Mike Maharrey | Jul 1, 2025 | Federal Reserve, State Bills

BOISE, Idaho (July 1, 2025) – Today, a new law officially recognizing gold and silver as legal tender in the state went into effect. Under the Idaho Constitutional Money Act of 2025 (H177), gold and silver coins and “specie” minted domestically are recognized as legal...
New Florida Law Takes Steps Toward Recognizing Gold and Silver as Legal Tender

New Florida Law Takes Steps Toward Recognizing Gold and Silver as Legal Tender

by Mike Maharrey | Jun 30, 2025 | Federal Reserve, State Bills

TALLAHASSEE, Fla. (June 30, 2025) – Gov. Ron DeSantis has signed a bill into law starting the process of officially recognizing gold and silver as legal tender and repealing state taxes on their exchange. However, a last-minute amendment severelly limits the scope of...
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