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Iowa Bills for 100% Gold & Silver-Backed Currency, State Reserves Move Forward

Iowa Bills for 100% Gold & Silver-Backed Currency, State Reserves Move Forward

by TAC News | Feb 27, 2025 | Federal Reserve, State Bills

DES MOINES, Iowa (Feb. 27, 2025) – An Iowa House subcommittee advanced two bills aimed at supporting and expanding the use of gold and silver as money in the state. One measure would establish a 100% gold and silver-backed transactional currency system, allowing...
Arizona Committee Advances Bill for 100% Backed Gold and Silver Currency and Depository

Arizona Committee Advances Bill for 100% Backed Gold and Silver Currency and Depository

by TAC News | Jan 27, 2025 | Federal Reserve, State Bills

PHOENIX, Ariz. (Jan. 27, 2025) – Today, an Arizona Senate committee has approved a bill to create a 100% backed gold and silver currency recognized as legal tender, supported by a bullion depository. Senate Bill 1096 (SB1096) was introduced by Senators Jake...
Oklahoma House Passes Bill That Would Take Additional Steps to Treat Gold and Silver Like Money

Oklahoma House Passes Bill That Would Take Additional Steps to Treat Gold and Silver Like Money

by Mike Maharrey | Mar 14, 2024 | Federal Reserve, State Bills

OKLAHOMA CITY, Okla. (Mar. 14, 2024) – On Tuesday, the Oklahoma House passed a bill that would clarify and expand the definition of gold and silver as legal tender in the state, and eliminate state capital gains taxes on gold and silver specie. As we’ve seen in...
Oklahoma Committee Passes Bill to Take Additional Steps to Treat Gold and Silver Like Money

Oklahoma Committee Passes Bill to Take Additional Steps to Treat Gold and Silver Like Money

by Michael Boldin | Feb 19, 2024 | Federal Reserve, State Bills

OKLAHOMA CITY, Okla. (Feb. 19, 2024) – Today, an Oklahoma House Committee passed a bill that would eliminate state capital gains taxes on gold and silver specie, and clarify and expand the definition of gold and silver as legal tender in the state. In 2014,...
Maine Bill Would Encourage use of Gold and Silver as Currency

Maine Bill Would Encourage use of Gold and Silver as Currency

by Jp Cortez | Mar 8, 2017 | Federal Reserve, State Bills

AUGUSTA, Maine (March 8, 2017) – A bill introduced in the Maine legislature would eliminate the sales tax on precious metals purchases, removing a powerful disincentive for individuals to protect themselves against the disastrous effects of the Federal Reserve....
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