Bill Introduced
2025 Regular
Bill Summary
Specifies that specie legal tender is legal tender; prohibits specie or specie legal tender from being characterized as personal property for taxation & regulatory purposes under state law; specifies that purchases & sales of specie do not give rise to state tax liability; provides that exchanges or conversions of one type or form of legal tender for another type or form of legal tender do not give rise to state tax liability; prohibits persons from compelling others to tender or accept specie as legal tender; authorizes governmental entities to recognize specie legal tender for certain payments.
Subject
Some type of bill category
Last Action
Now in Insurance & Banking Subcommittee on (3/2/2025)