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Florida Senator Proposes Bill To Recognize Gold, Silver, And Digital Currency As Legal Tender

ByVictoria

Follow up to Gold and Silver may be adopted as legal tender in Florida

Sponsored by Senator Rodriguez, Senate Bill 132 aims to redefine financial transactions, taxation, and payment of debts using these alternative forms of currency.

The legislation would also exempt transactions involving gold, silver, and related currencies from taxation. The move reflects a growing interest in alternative monetary systems as a hedge against economic uncertainties.

The proposed bill includes several significant measures:

・Definition of Legal Tender:

・Tax Exemptions:

・Government Acceptance:

・Prohibition on Compulsion:

・Regulatory Framework:

If passed, SB 132 would make Florida one of the few states to officially recognize gold, silver, and digital currencies as legal tender.

Source – Tampa Free Press

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