HB382 proposed recognizing gold and silver coins and bullion issued by the U.S. government as legal tender within the state, and would have exempted gains from their sale or exchange from state income or capital-gains taxes. Additionally, the bill would prevented a central bank digital currency from being recognized as legal tender.
The Montana State House of Representatives rejected HB382 on February 27, 2025 by a vote of 44 to 56. We have assigned pluses to the ayes because this bill is an important step toward restoring constitutional money and returning to the gold standard in compliance with Article I, Section 10 of the U.S. Constitution.
