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OKLAHOMA CITY, Okla. (Feb. 19, 2024) – Today, an Oklahoma House Committee passed a bill that would eliminate state capital gains taxes on gold and silver specie, and clarify and expand the definition of gold and silver as legal tender in the state. In 2014, Oklahoma took the first step and declared gold and silver coins ....
A bill filed in the Oklahoma House would eliminate state capital gains taxes on gold and silver specie, and clarify the definition of gold and silver as legal tender in the state. ....
The proposed law would allow people to sue in state court for violations of the U.S. Constitution or laws of the United States, as well as the West Virginia state constitution. All matters regarding the U.S. Constitution or federal law will be remanded to federal courts. To avoid this, plaintiffs would have to sue based solely on the West Virginia Constitution and its bill of rights. The only way to avoid federal jurisdiction and ensure federal qualified immunity doesn’t come into play would be to limit the suit to state constitutional issues. ....