Establish the specie legal tender act
This bill establishes gold and silver coins issued by the United States as legal tender in Montana, allowing them to be used for payments while prohibiting anyone from forcing others to accept them unless agreed upon in a contract. It defines "specie legal tender" specifically as U.S.-issued gold or silver coin, explicitly excludes central bank digital currencies from this status, and allows other gold or silver bullion to become legal tender only through a court ruling or federal legislation. The act also exempts transactions involving the exchange of different forms of legal tender from both individual income tax and sales tax, while amending existing Montana tax code definitions to support these provisions.
Bill status
introduced
1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 27, 2024
Last action Jan 31, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
17
Key actions
0
Committee
0
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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