This bill addresses precious metals.
This bill:
- requires the state treasurer to complete a precious metals study for two additional years;
- requires the state treasurer to issue one or more requests for proposals for the creation and operation of a precious metals-backed electronic payment system;
- establishes requirements for the precious metals-backed electronic payment system; and
- requires the state treasurer to annually report to the Revenue and Taxation Interim Committee regarding the precious metals-backed electronic payment system.
Statutes affected: Introduced: 67-4-19