Legal Tender - Specie - Establishment

Summary

The bill adds gold and silver coins or bars to the list of payments the state recognizes. People could use these metals to pay private debts or state taxes if both sides agree, but no one can be compelled to take them. It also requires the state’s commissioner to set rules and report on the economic effects each year.

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

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