Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee advances bill allowing vendors to request payment in gold via state account option
2405890 · February 26, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
A third substitute to House Bill 306 would let state vendors request payment in precious metals (vendor receives gold while state transfers dollars into a technology-enabled account); the committee adopted a narrower third substitute that reduced the fiscal implication and recommended the measure.
A third substitute to House Bill 306, the Precious Metal Amendments, was adopted and favorably recommended by the Taxation Committee on Feb. 26.
Representative (sponsor) described the proposal as a narrow change allowing the state to create an additional account…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
