Passes

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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Oklahoma Committee Passes Bill to Establish Bullion Depository, Facilitating …
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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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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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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Texas Senate Passes Bill to Establish Bullion Depository, Help Facilitate …
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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Virginia Passes Bullion Sales Tax Exemption Bill
www.coinweek.com

On or after July 1, 2015, but before January 1, 2019, gold, silver, or platinum bullion whose sales price exceeds $1,000. Each piece of gold, silver, or platinum need not exceed $1,000, provided that the sales price of one entire transaction of such …

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Senate Passes Boys Town Centennial Commemorative Coin Act
www.coinnews.net

On Wednesday, March 25, the U.S. Senate unanimously passed the Boys Town Centennial Commemorative Coin Act. Numbered S.301 and introduced by Nebraska Senator Deb Fischer on Jan. 29, 2015, the bill seeks $5 gold coins, $1 silver coins, and …

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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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Congress passes law to curb manufacturing of fake coins
nypost.com

WASHINGTON – Fake antique gold and silver US coins – many purporting to be more than 200 years old — are flooding the US resale market from China, and Congress just passed a law to do something about it. The legislation breezed through the Senate …

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NPS 100th Anniversary Commemorative Coin Act Passes House
www.silvercoinstoday.com

Should this legislation become law, one of the U.S. Mint's commemorative coin programs in 2016 would celebrate the centennial anniversary of the National Park Service (NPS) with $5 gold coins, $1 silver coins and clad half dollars in numismatic …

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