Bill Summary

HB 999 Gold and Silver Specie as Legal Tender (2025 Session)
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Sponsors
by Bankson, LaMarca Co Sponsors: Barnaby, Chamberlin, Miller, Plasencia
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Summary
Gold and Silver Specie as Legal Tender: 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. Effective Date: July 1, 2025
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committees of reference
   H Insurance & Banking Subcommittee
» H Ways & Means Committee
   H Commerce Committee
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Actions
02/24/25
HOUSE 
Filed
03/02/25
HOUSE 
Referred to Insurance & Banking Subcommittee; Ways & Means Committee; Commerce Committee
03/02/25
HOUSE 
Now in Insurance & Banking Subcommittee
03/05/25
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Bill to be Discussed During the Office of EDR's Revenue Estimating Impact Conference, 03/07/25, 9:00 am, 117 K (No Votes Will Be Taken)
03/06/25
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Removed from Agenda of EDR's Revenue Estimating Impact Conference, 03/07/25, 9:00 am, 117 K
03/18/25
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 03/20/25, 2:00 pm, 17 H
03/20/25
HOUSE 
Favorable by Insurance & Banking Subcommittee; 16 Yeas, 0 Nays
03/21/25
HOUSE 
Now in Ways & Means Committee
03/31/25
HOUSE 
On Committee agenda - Ways & Means Committee, 04/02/25, 9:00 am, 404 H
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bill text & filed amendments
0999
Filed on 02/24/25
PDF
No amendments to this bill text filed.
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Statute Citations
215.986
Research & Reports
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