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Utah becomes 1st first in nation to approve gold and silver payments for state vendors

Summary by St. George News
The Utah Legislature passed the precious metals amendments bill authorizing the state treasurer to issue a competitive procurement for a precious metals-backed electronic payment platform, allowing state vendors to opt

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Just the NewsJust the News
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Utah passes bill that allows state to pay its vendors in gold, silver

The bill had bipartisan support in both the Utah House and Senate.

·Washington, United States
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Utah News DispatchUtah News Dispatch
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Utah 1st in the nation to pass these 5 bills: Flags, fluoride, gold and more

The Capitol in Salt Lake City is pictured on Thursday, Feb. 6, 2025. (Photo by Spenser Heaps for Utah News Dispatch)At least five big firsts came out of the 2025 Utah Legislature.  If Gov. Spencer Cox signs this batch of bills, Utah will become the first state in the nation to enact laws of their kind.  They include:  HB77, which prohibits many flags — including LGBTQ+ or pride flags — from being displayed not just in school classrooms, but als…

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St. George NewsSt. George News
Lean Right

Utah becomes 1st first in nation to approve gold and silver payments for state vendors

The Utah Legislature passed the precious metals amendments bill authorizing the state treasurer to issue a competitive procurement for a precious metals-backed electronic payment platform, allowing state vendors to opt

Read Full Article
LexBlogLexBlog

Announcing New Member Benefit Partnership: Smokeball and the Utah State Bar

Smokeball is thrilled to announce our new member benefit with the Utah State Bar.

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Kitco NEWSKitco NEWS

New Utah law allows state vendors to be paid in gold and silver

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

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The Constitution StudyThe Constitution Study

Kansas Senate Committee Passes Bill to Make Gold and Silver Legal Tender, End Taxes on Both

Under Senate Bill 39 (SB39), “specie legal tender” would be a “recognized medium of exchange for the payment of debts and taxes.” This would include gold and silver coins and bullion “issued by the United States government at any time” or that “a court of competent jurisdiction, by final and unappealable order, rules to be within state authority to make or designate as legal tender.” The post Kansas Senate Committee Passes Bill to Make Gold and …

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The Constitution Study broke the news in on Wednesday, March 19, 2025.
Sources are mostly out of (0)

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