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IntroducedDec 04, 2023
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Passed House
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Passed Senate
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Signed into Law
State Legal Tender and Bullion Depository; Provides specie legal tender & electronic currency are legal tender; provides bullion is not personal property for taxation & regulatory purposes; requires DFS to establish & administer bullion depository; authorizes governmental entities to use depositories for storing bullion; authorizes State Treasury to deposit portion of its funds into depositories in form of bullion; requires CFO to establish electronic currencies backed by specie legal tender & other bullion; requires CFO to hold specie legal tender & other bullion as bailment for specified purposes.
Last Action See all actions
House • Mar 08, 2024: Died in State Affairs Committee
Latest Bill Text See all bill texts
Official Summary/Bill Text
Comments on HB 697
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- Mar 08, 2024 | House
- Died in State Affairs Committee
- Jan 09, 2024 | House
- 1st Reading (Original Filed Version)
- Dec 19, 2023 | House
- Referred to State Affairs Committee
- Referred to Ways & Means Committee
- Referred to State Administration & Technology Appropriations Subcommittee
- Referred to Commerce Committee
- Now in State Affairs Committee
- Dec 04, 2023 | House
- Filed
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