HCM 2013 Arizona House · 57th Legislature - Second Regular Session

gold-backed trust bonds; urging authorization

HCM 2013 is a memorial (not a bill) from Arizona's legislature urging the U.S. Congress and Treasury to take specific actions regarding gold-backed financial instruments and taxation. It proposes creating Treasury Trust Bonds redeemable in dollars or gold, eliminating federal capital gains tax on gold/silver transactions used as legal tender, and restoring constitutional monetary standards. The memorial argues these steps would strengthen fiscal credibility, reduce inflation risks for households, and align with constitutional provisions requiring gold/silver as legal tender for debts. It does not create new law but requests federal action, citing Arizona's support for similar state-level tax changes. The memorial is currently in Arizona's legislative process (House readings completed) but has no federal effect.
Bill status introduced 1 of 4 stages cleared
Introduction
Feb 2026
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Governor
Introduced Feb 5, 2026 Last action Feb 9, 2026
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