establish a currency based on gold and silver.

Summary

The bill would have recognized gold and silver bullion as legal tender in South Dakota beginning July 1, 2027, and allowed an electronic payment system backed by that bullion. It required the state treasurer to set up a secure bullion depository, approve private operators, and insure deposits. The measure did not pass and was deferred.

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

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