Did not become law. It stopped in the House of Representatives's Banking and Financial Services Committee on February 4, 2025. The 2025 session has ended.
2025 Regular Session
House Bill 394
Gold and Silver; authorize as legal tender.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO DEFINE THE TERMS LEGAL TENDER AND SPECIE; TO AUTHORIZE GOLD AND SILVER COIN AS LEGAL TENDER; TO PROHIBIT SPECIE OR LEGAL TENDER FROM BEING CHARACTERIZED AS PERSONAL PROPERTY FOR TAXATION OR REGULATORY PURPOSES; TO PROVIDE THAT THE EXCHANGE OF ONE TYPE OR FORM OF LEGAL TENDER FOR ANOTHER TYPE OR FORM OF LEGAL TENDER SHALL NOT GIVE RISE TO ANY TAX LIABILITY; TO PROVIDE THAT THE PURCHASE, SALE, OR EXCHANGE OF ANY TYPE OR FORM OF SPECIE SHALL NOT GIVE RISE TO ANY TAX LIABILITY; TO PROHIBIT A PERSON FROM COMPELLING ANOTHER PERSON TO TENDER SPECIE OR TO ACCEPT SPECIE AS LEGAL TENDER; TO REQUIRE THE ATTORNEY GENERAL'S OFFICE TO ENFORCE THIS ACT WITHOUT PREJUDICE TO A PRIVATE RIGHT OF ACTION; TO PROVIDE THAT SPECIE MAY BE RECOGNIZED TO PAY DEBTS; TO BRING FORWARD SECTION 75-1-201, MISSISSIPPI CODE OF 1972, WHICH RELATES TO GENERAL DEFINITIONS OF THE UNIFORM COMMERCIAL CODE, FOR PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 75-15-3, MISSISSIPPI CODE OF 1972, WHICH RELATES TO THE MISSISSIPPI MONEY TRANSMITTERS ACT, FOR PURPOSES OF POSSIBLE AMENDMENT; TO BRING FORWARD SECTION 89-12-3, MISSISSIPPI CODE OF 1972, WHICH RELATES TO THE UNIFORM DISPOSITION OF UNCLAIMED PROPERTY ACT, FOR PURPOSES OF POSSIBLE AMENDMENT; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 10 to February 4, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action2 actions on 2 days
In the House of RepresentativesJan 10 to Feb 4 · stopped25 days
Banking and Financial ServicesJan 10 to Feb 4 · stopped25 days
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the House of Representatives Jan 10 – Feb 4
- Jan 10Referred to the House committee on Banking and Financial Services
- Feb 4Died in committee in the House
All 2 actions, as published
- Jan 10Referred To Banking and Financial ServicesHouse of Representatives
- Feb 4Died In CommitteeHouse of Representatives