SB232 establishes gold and silver coins, specie, or bullion issued by any state or the U.S. government as legal tender within Louisiana. This means these forms of gold and silver are recognized for payment of debts and other financial obligations in the state.
The Louisiana State Senate passed SB232 on May 20, 2024 by a vote of 38 to 0. We have assigned pluses to the ayes because this bill is a strong step toward restoring constitutional money in compliance with Article I, Section 10 of the U.S. Constitution and returning to the gold standard.
