bill
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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“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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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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“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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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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When silver breaks $18.50…it will then take out $50 and hit Eric Sprott's number of $100-plus because since the last time it hit $50 they've gone through all that physical supply…this time they won't be able to go to the physical supply well . – Bill …
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FRANKFORT, Ky. (Feb. 17, 2016) – A bill introduced in the Kentucky House would “legalize the Constitution” by defining gold, platinum and silver coins as legal tender and encouraging their use as currency. Rep. Thomas Kerr (R-Taylor Mill) introduced …
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A House panel voted Monday to give a state tax break to those who put their money into U.S.-issued gold and silver coins. Under current law, if someone buys $1,000 worth of American golden eagles and then sells them a year later for $1,500 because the …
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A House panel voted Monday to give a state tax break to those who put their money into U.S.-issued gold and silver coins. Under current law, if someone buys $1,000 worth of American golden eagles and then sells them a year later for $1,500 because the …
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A House panel voted Monday to give a state tax break to those who put their money into U.S.-issued gold and silver coins. Under current law, if someone buys $1,000 worth of American golden eagles and then sells them a year later for $1,500 because the …
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PHOENIX (AP) — 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 target only …
Finchem, R-Oro Valley, told the House Ways and Means Committee that he had narrowed this year's bill to only apply to coins not issued by the U.S. Mint and not gold or silver bullion. The Mint sells gold and silver coins for the value of their precious …
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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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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The U.S. Mint has never produced a pink coin. The Royal Canadian Mint issued its 2012 Farewell to the Penny Silver Commemorative Coin with pink gold plating and it employed a pink ribbon treatment on the 2006 25-cent Breast Cancer circulation coin.
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The measure authorizes the Secretary of the Treasury to mint $5 gold coins, $1 silver coins and half-dollar coins to commemorate the 100th anniversary of Boys Town. Now that it has been passed by both chambers, the bill will be sent to President Obama …
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A bill to mint commemorative coins in 2019 recognizing the 50th anniversary of the first manned landing on the moon has been introduced in the House of Representatives. In addition to the standard commemorative gold $5 half eagles, silver dollars and …
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New legislation introduced in the U.S. House of Representatives calls for 2018-dated gold, silver and clad commemorative coins in recognition of the fight against breast cancer. Entitled the Breast Cancer Awareness Commemorative Coin Act, bill H.R …