TO AMEND THE LAW CONCERNING SPECIE OR LEGAL TENDER; TO AUTHORIZE THE USE OF A BULLION DEPOSITORY; AND TO ALLOW FOR A PRECIOUS METALS-BACKED ELECTRONIC SYSTEM.
HB 1918 amends state law concerning legal tender, providing new options for financial transactions. It authorizes the establishment of a bullion depository, a facility designed to securely store precious metals such as gold and silver. Additionally, the bill permits the creation of an electronic system where digital transactions are backed by these stored precious metals. This offers individuals and businesses alternative methods for holding and exchanging value.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2025
Committee Review
Apr 2025
House Passage
Apr 2025
Senate Passage
Apr 2025
Signed into Law
Apr 2025
Introduced Mar 31, 2025
Signed Apr 17, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Act 810
→
HB 1918
·
1 edit
MINOR
The document shows the transition of a legislative bill from Act 810 to HB 1918, with minor formatting updates including the addition of blank lines and updated session information. No substantive policy changes, scope modifications, or content alterations are evident in the provided text.
TECHNICAL
Updated session designation from 'Act 810 of the Regular Session' to '95th General Assembly Regular Session, 2025' and added blank lines for formatting.
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
16
Key actions
7
Committee
2
Amendments
1
Apr 17, 2025
Signed into law
Notification that HB1918 is now Act 810
lower
Apr 14, 2025
Lower · Passed
Returned from the Senate as passed.
lower
Apr 14, 2025
Upper · Passed
Returned to the House as passed.
upper
Apr 14, 2025
Upper · Passed
Read the third time and passed.
upper
Apr 10, 2025
Upper · Passed
Returned by the Committee, with the recommendation that it Do Pass
upper
Apr 8, 2025
Lower · Passed
Read the third time and passed and ordered transmitted to the Senate.
lower
Apr 7, 2025
Lower · Passed
Returned by the Committee Do Pass
lower
Apr 2, 2025
Introduced
Amendment No. 1 read and adopted and the bill ordered engrossed.
lower
Mar 31, 2025
Introduced
Filed
lower
2 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jim Dotson
RRepublican
P
Mindy McAlindon
RRepublican
Co
Clint Penzo
RRepublican
Co
Matt McKee
RRepublican
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