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House State Affairs committee advances bill to recognize gold and silver as legal tender
Summary
The Idaho House State Affairs Committee voted to send House Bill 177 to the full House with a do-pass recommendation. The bill would allow willing buyers and sellers to use gold and silver in transactions; supporters described it as protecting state prerogatives, while a witness urged the committee to adopt the measure.
The Idaho House State Affairs Committee voted to send House Bill 177 to the full House with a do-pass recommendation after a short hearing and public testimony.
House Bill 177, introduced by Rep. Steve Miller, would permit transactions using gold and silver where both buyer and seller agree, and would allow domestic precious-metal production to be part of such exchanges. Supporters framed the bill as recognizing the constitutional status of precious metals and as an expansion of private contract freedom.
Rep. St…
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