Arizona Could Soon Approve Gold, Silver As legal TenderSubmitted by emalvini on Fri, 03/22/2013 - 10:01
Arizona Could Soon Approve Gold, Silver As legal Tender
After being rejected by three state legislatures this year, a measure to recognize U.S. Government-minted gold and silver coins as legal tender may find a second home in Arizona.
Author: Dorothy Kosich
Posted: Wednesday , 20 Mar 2013
Arizona could soon become the second U.S. state to recognize gold and silver as legal tender if the Arizona House approves SB 1439.
The bill has already won the approval of Arizona’s State Senate and the Arizona House Financial Institutions Committee which voted the legislation out of committee on a 4-2 vote Monday. The measure now goes to a vote of the Arizona House.