relative to establishing gold and silver as legal tender.

HB 721 proposes to make gold and silver coins legal tender for all debts in the state, meaning businesses would be required to accept them for transactions. This would directly affect merchants, consumers, and financial institutions by expanding the forms of payment they must accept. The bill's key provision would amend state law to specify that gold and silver coins hold the same status as paper currency for settling obligations. As of the latest action (November 2025), the bill was referred to committee for further study with no floor vote taken, so it remains a proposed measure without current legal effect.