HB 1049

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 1049 establishes a framework for the creation of a gold and silver-based currency in Texas. The comptroller is tasked with issuing currency backed by gold and silver held in the Texas Bullion Depository. The bill sets up mechanisms for using the currency as legal tender, managing transactions securely, and redeeming it for U.S. dollars or physical bullion​.
Author (3)
Mark Dorazio
Todd Hunter
Giovanni Capriglione
Co-Author (79)
Related Legislation
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