08-28-2024 Precious Metals Workgroup Meeting
Utah State Treasurer's Study Group on Alternate Payment Systems · August 30, 2024
A Utah State Treasurer–convened study group, led by Treasurer Marlo Oakes and Representative Ken Ivory (sponsor of HB 348), discussed alternate payment systems using gold, legal challenges to capital-gains treatment of gold, tax-treatment workarounds, platform proposals (Glint), mining-sector implications, and security and banking risks. The group agreed to follow up with focused legislative and technical meetings before the October report deadline.
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