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Florida governor to approve legislation making gold and silver legal tender
By A.G. Gancarski
Florida Politics, St. Petersburg
Saturday, May 24, 2025
Precious metals are closer to being usable for legal tender in Florida, with Gov. Ron DeSantis receiving a bill he says he is on board to sign.
HB 999 "recognizes gold and silver coin as legal tender for payment of debts," but also mandates "additional requirements regarding privately ensuring deposits' security, record keeping, and maintaining separate ledger accounts for money services that effectuate transactions involving gold or silver coin."
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The final bill also requires the Chief Financial Officer and the Financial Services Commission to adopt rules implementing the bill and submit them to the Legislature by Nov. 1, with Senate language imposing more guidelines for the bill.
Republican Rep. Doug Bankson, the House sponsor, said the amendment "strengthens the House bill" and provides a "longer runway for implementation," while clarifying "purity" provisions and consumer protections. ...
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