The bill amends Section 67-9803 of the Idaho Code, which pertains to the use of gold and silver coin and specie as legal tender in the state. The amendment redesignates the section number from 67-9803 to 67-9903 and revises the language to clarify that both foreign and domestic gold and silver coin and specie shall be considered legal tender in Idaho. Additionally, it allows the state to use these forms of currency in its business dealings.

Furthermore, the bill specifies that, unless otherwise stated by statute or contract, no individual or entity can be compelled to accept or tender gold or silver coin or specie unless there is mutual agreement. The bill declares an emergency, making it effective from July 1, 2026.