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04-26-2012, 09:29 PM #1
Utah Passes Legal Tender Act To Restore Gold-Silver Money Use
- State Rep. Ken Ivory (UT)1:23 pm on April 25, 2012Reply
Utah passes Legal Tender Act to restore gold-silver money use…
Utah passes sound money Legal Tender Act to restore gold and silver money use
Bill: HB317 (PDF)
Sponsored by Reps Galvez, Ivory, et al., and signed into law in 2011 by Gov. Gary Herbert, HB317 (The Specie Legal Tender Act) recognizes gold and silver coins that are issued by the federal government as legal tender in the state and exempts the exchange of the coins from certain types of state tax liability. In combination with the 2012 amended legislation HB157 (PDF), Utah’s new sound money policy lets individuals use gold and silver bullion in the same way as they would cash for transactions and also currency exchanges. Individuals will be able to get fair market value for metal in a trade for cash, or may start depositing or making purchases with it.
Also: “Utah enacts HB317 legal tender act for federal gold and silver coins”
“HB 157 Signed into Law: Utah to Accept Gold & Silver Bullion as Currency”
Audio: Rep. Ken Ivory explains Utah’s Legal Tender Act (HB317)
Utah passes Legal Tender Act to restore gold-silver money use… « Freedom Legislation Forum
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- State Rep. Ken Ivory (UT)1:23 pm on April 25, 2012Reply
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04-26-2012, 09:33 PM #2
Also Missouri and South Carolina trying to pass legislation.
State Rep. Paul Curtman (MO)2:43 pm on April 26, 2012
Missouri pursues Sound Money Act to restore gold-silver money use…
Missouri pursues Sound Money Act to restore gold-silver money use
Bill: HB1637 (PDF)
Sponsored by Reps Curtman, Koenig, Bahr et al., HB1637 would establish the “Missouri Sound Money Act of 2012,” which states that gold and silver issued by the federal government is legal tender. In addition, exchange of gold and silver as legal tender is exempted from state and local sales and use taxes, and also from state individual and corporate income taxes.
Also: “Sound Money Takes Hold in Utah, Missouri and South Carolina”
“Missouri’s sound-money bill is really a protest”Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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