Arizona

Arizona House Passes Bill Supporting Constitutional Tender
blog.tenthamendmentcenter.com

The legislation defines specie (gold or silver coin, bar or round) as constitutional legal tender to establish it for use in the marketplace as currency. It reads, in part, “Legal tender is money and is not subject to regulation as property other than …

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Arizona Bill Supporting Constitutional Tender Passes House Committee
blog.tenthamendmentcenter.com

“Legal tender” means a medium of exchange, including coins with precious metal content, that is authorized by the United States constitution or Congress for the payment of debts, public charges, taxes and dues. “Specie” means gold or silver coin, bar …

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Arizona Senate Passes Second Bill Supporting Constitutional Tender
blog.tenthamendmentcenter.com

“Notwithstanding any other law, the exchange of gold or silver coins does not give rise to liability for any type of tax. Gold and silver coins are money and are not subject to taxation except as may be required by article IX, section 2, subsection 13 …

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Associated Press Arizona House committee OKs bill cutting taxes on gold coin …
ktar.com

PHOENIX — An Arizona lawmaker has revived legislation cutting taxes on gold and silver coins that was vetoed by the current and previous governor. Republican Rep. Mark Finchem's latest effort aims to only target U.S.-issued coins considered legal tender.

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Two Bills Supporting Constitutional Tender Pass Final Arizona Senate Committee
blog.tenthamendmentcenter.com

John Allen and eight cosponsors, Senate Bill 1423 (SB1423), would remove the state capital gains tax (as 30 other states have done) on gold and silver. It reads, in part, “notwithstanding any other law, the exchange of gold or silver coins does not …

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An Arizona lawmaker has revived legislation aimed at cutting taxes on gold and …
www.greenfieldreporter.com

PHOENIX — Legislation cutting taxes on gold and silver coins that was vetoed by the current and previous governor has been revived and was advanced by an Arizona House committee on Monday. Rep. Mark Finchem's latest effort aims to only target …

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Arizona Senate Committee Passes Two Bills Supporting Constitutional Tender
blog.tenthamendmentcenter.com

John Allen and eight cosponsors, Senate Bill 1423 (SB1423), would remove the state capital gains tax (as 30 other states have done) on gold and silver. It reads, in part, “notwithstanding any other law, the exchange of gold or silver coins does not …

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Arizona Gov. Vetoes Bill to Authorize Gold and Silver as Legal Tender
blog.tenthamendmentcenter.com

Currently, all debts and taxes in Arizona must either get paid with Federal Reserve Notes (dollars), authorized as legal tender by Congress, or with coins issued by the U.S. Treasury — very few of which have gold or silver in them. But the United …

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Gold and Silver Legal Tender Bill Passes in Arizona, To the Governor's Desk
blog.tenthamendmentcenter.com

Over time, as residents of the state use both Federal Reserve notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve notes do will lead to a “reverse Gresham's Law” effect, where good money (gold and silver …

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Gold and Silver Legal Tender Bill Passes Arizona State Senate Committee, 4-2
blog.tenthamendmentcenter.com

The bill would open the door for people in Arizona to pay debts and taxes with gold or silver coins, and it would prohibit the government from taxing it as an asset. The legislation would not compel use of gold or silver coin but put it on equal …

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Gold and Silver Legal Tender Bill Passes Arizona House 34-23
blog.tenthamendmentcenter.com

The bill would open the door for people in Arizona to pay debts and taxes with gold or silver coins, and it would prohibit the government from taxing it as an asset. The legislation would not compel use of gold or silver coin but put it on equal …

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Arizona Senate Approves Recognizing Gold and Silver as Legal Tender
blogs.phoenixnewtimes.com

The legislation mostly refers to gold and silver coins minted by the federal government, but also "any other specie that a court of competent jurisdiction rules by a final, unappealable order to be within to scope of state authority to make a legal …

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