SB 1028
Creates a Joint Committee on Legal Tender
LR Number:
Last Action:
3/26/2024 - SCS Voted Do Pass S Insurance and Banking Committee (3803S.03C)
Journal Page:
Effective Date:
August 28, 2024

Current Bill Summary

SCS/SB 1028 - This act establishes the "Task Force on Legal Tender." The task force is charged with the following:

· Examining the possibility of issuing gold and silver coinage and specie in a manner consistent with Article I, Section 10, of the United States Constitution; and

· Examining the possibility of keeping a certain amount of gold and silver coinage and specie in the custody of the state at all times.

The task force may compile a full report of its activities for submission to the General Assembly, which shall include any recommendations which the Committee may have for legislative action.



No Amendments Found.