Precious Metals Amendments

Summary

The bill requires the treasurer to conduct a two‑year study on how precious metals can improve the state’s economic security and to report the findings to the Revenue and Taxation Interim Committee. It also permits up to 10% of certain state funds to be invested in gold or silver and mandates the development of a precious‑metals‑backed electronic payment system through a competitive request for proposals. The treasurer must submit an annual performance report on the system to the same committee.

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

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