Tuesday, February 16, 2016

Oklahoma to offer bill to create a new gold bullion depository to facilitate use of gold and silver

Back in 2014, Oklahoma joined three other states in recognizing gold and silver as legal tender (money), and on Feb. 1, the state legislature created Bill SB1296 to formulate plans to create a sovereign bullion depository under the office of the Treasurer to help facilitate the use of gold and silver in commerce and trade.


OK SB1296
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 1 2016 – 25% progression
Action: 2016-02-02 – Referred to Appr/Sub-General Government and Transportation
Pending: Senate Appropriations General Government and Transportation Sub Committee
Hearing: Feb 17 @ 7:00 pm in Room 419-A & B
Text: Latest bill text (Introduced) [PDF]
Summary
Oklahoma Bullion Depository; establishing Depository in Office of State Treasurer; providing procedures. Effective date. – Legiscan

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