State Legal Tender and Bullion Depository
Summary
State Legal Tender and Bullion Depository; Provides specie legal tender & electronic currency are legal tender; provides bullion is not personal property for taxation & regulatory purposes; requires DFS to establish & administer bullion depository; authorizes governmental entities to use depositories for storing bullion; authorizes State Treasury to deposit portion of its funds into depositories in form of bullion; requires CFO to establish electronic currencies backed by specie legal tender & other bullion; requires CFO to hold specie legal tender & other bullion as bailment for specified purposes.
Bill status
died
1 of 4 stages cleared
Introduction
Dec 2023
Committee Review
Floor Vote
Governor
Introduced Dec 4, 2023
Last action Mar 8, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
1
Committee
5
Dec 19, 2023
Lower · Passed
Now in State Affairs Committee
lower
Dec 19, 2023
Committee
Referred to Commerce Committee
lower
Dec 19, 2023
Committee
Referred to State Administration & Technology Appropriations Subcommittee
lower
Dec 19, 2023
Committee
Referred to Ways & Means Committee
lower
Dec 19, 2023
Committee
Referred to State Affairs Committee
lower
2 primary · 5 co-sponsors
Sponsors
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