Bill Text - HB190 (2019)

Allowing gold and silver as lawful mediums of exchange.


Revision: Dec. 26, 2018, 2:47 p.m.

HB 190 - AS INTRODUCED

 

 

2019 SESSION

19-0166

10/08

 

HOUSE BILL 190

 

AN ACT allowing gold and silver as lawful mediums of exchange.

 

SPONSORS: Rep. Marple, Merr. 24; Rep. Howard, Belk. 8; Rep. Spillane, Rock. 2; Rep. Aldrich, Belk. 2; Sen. Reagan, Dist 17

 

COMMITTEE: Commerce and Consumer Affairs

 

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ANALYSIS

 

This bill allows the use of gold and silver as lawful mediums of exchange in any transaction in this state.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

19-0166

10/08

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Nineteen

 

AN ACT allowing gold and silver as lawful mediums of exchange.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  New Chapter; Gold and Silver.  Amend RSA by inserting after chapter 6-C the following new chapter:

CHAPTER 6-D

GOLD AND SILVER

6-D:1  Gold and Silver; Use Permitted.  Notwithstanding any provision of law to the contrary, any inhabitant of this state may use gold or silver as a medium of exchange for the receipt of allodial title in any transaction in this state.

2  Effective Date.  This act shall take effect 60 days after its passage.