Adds to existing law to provide that gold and silver coin and specie shall be legal tender and to provide that no person or entity may compel another person or entity to tender or accept gold or silver coin or specie.
LEGAL TENDER -- Adds to existing law to provide that gold and silver coin and specie shall be legal tender and to provide that no person or entity may compel another person or entity to tender or accept gold or silver coin or specie.
STATEMENT OF PURPOSE
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This legislation declares gold and silver coin shall be legal tender in the State of Idaho. No person or entity may compel another person or entity to tender or accept gold or silver coin unless agreed upon both parties.
FISCAL NOTE
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This legislation causes no increase or decrease in revenue, or additional expenditure of funds at the state or local level of government; therefore, this legislation has no fiscal impact.
HOW THEY VOTED
House Third Reading
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YEA (66)
ABSENT / NOT VOTING (1)
Senate Third Reading
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YEA (35)
NAY (0)
LATEST ACTION
Reported Signed by Governor on March 19, 2025 Session Law Chapter 107 Effective: 07/01/2025
BILL INFO
- Session
- 2025
- Chamber
- house
- Status date
- Mar 20, 2025
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