SB 1028 - Moon, Mike
Creates a Joint Committee on Legal Tender
Bill Details
Sponsor
LR Number
3803S.02I
Title
SB 1028
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2024
Committee
Current Status
SCS Voted Do Pass S Insurance and Banking Committee (3803S.03C)
Quick Links
Amendments
No amendments available
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.
SCOTT SVAGERA