The proposed legislation, known as the "Idaho Constitutional Money Act of 2025," amends Title 67 of the Idaho Code to establish gold and silver coin and specie as legal tender in the state. It includes a new chapter that defines key terms such as "debt," "entity," "gold and silver coin," "legal tender," "person," "specie," and "state." The act asserts the right of Idahoans to conduct business using gold and silver coin and specie without compulsion from any person or entity, emphasizing that no one can be forced to accept these forms of payment unless mutually agreed upon.

Additionally, the act includes a severability clause, ensuring that if any part of the legislation is deemed invalid, the remaining provisions will still be enforceable. The act is set to take effect on July 1, 2025, following the declaration of an emergency that necessitates its immediate implementation.