HB67 allows the state treasurer to invest up to 10% of certain public funds—including budget reserves and the Disaster Recovery Account—into precious metals. It also permits the treasurer to deduct related administrative expenses (such as vaulting and delivery fees) from investment earnings.
The Utah State Senate passed HB67 on March 3, 2025 by a vote of 19 to 6. 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.
