Transactional Gold and Silver Act; enact

Summary

The bill amends the state treasurer’s code to let gold and silver bullion and coins be used for paying debts, taxes and fees when the parties agree, and creates a Bullion Depository Commission to oversee vaults, electronic payments and related rules. It also bans taxes on those transactions and forbids any social‑credit‑scoring system tied to them. The measure would affect individuals, businesses and government entities that choose to transact in precious metals.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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