To the Governor: Utah Bill Would Authorize State Gold and Silver Reserves tenthamendmentcenter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tenthamendmentcenter.com Daily Mail and Mail on Sunday newspapers.
On Tuesday, a Missouri House committee held a hearing on two bills that would make gold and silver legal tender, and take other important steps toward treating them as money.
A bill introduced in the Idaho House would make gold and silver legal tender in the state and repeal all taxes on the same. Passage of the legislation would set the stage to undermine the Federal Reserve’s monopoly on money.
The legislation would create a sales and use tax exemption for precious metal bullion. The bill defines “precious metal bullion” as coins, bars, rounds, or sheets that contain at least 35 percent gold, silver, copper, platinum, or palladium.