HB 2197 - DIGEST |
Establishes the constitutional currency restoration act. |
Declares it is the intent of the legislature: (1) That gold and silver be recognized and used as legal tender in the same manner as federal reserve notes for the purposes of taxation; |
(2) To provide the use of gold and silver as a choice; and |
(3) To exercise its constitutional authority and recognize gold and silver coins, precious metal liquidation systems and contracts as an alternative competing currency. |