By Victoria Wicks
A proposal to allow residents to use gold and silver coins as legal tender failed to pass the House Commerce and Energy Committee on Wednesday. Witnesses, including two legislators, testified that the proposed law allows security at a time when the value of the U.S. dollar is uncertain. But a state revenue department spokesman says there’s nothing stopping anyone from using gold and silver now.
Representative Dan Kaiser and Senator Dan Lederman were joined by a young businessman from Jefferson, South Dakota, in supporting House Bill 1100.