By Paul Waldmiller
Did you know that Floridians may be paying their bills with silver or gold coins?
Representatives Chip LaMarca and Doug Banson filed Florida House bill H697 and Senator Ana Rodriguez filed a companion bill, 5750 where “specie legal tender” is as everyday money within our state.
What does this mean? specifically, “Specie coin issued by the Federal Government at any time and any other specie designated by the Chief Financial Officer, as legal tender pursuant to the monetary authority not prohibited in Section 10, Article 1 of the U.S Constitution.”
For the average Floridan, we would be allowed to pay our bills utilizing silver or gold coins, both in person, as well as electronically.
There are those within our Florida Legislature who believe that the paper U.S Dollar is losing ground in its worth. Inflation over the past three years has chipped away its value, while gold and silver have gained in value. Some legislators they say, are attempting to protect Florida residents from a coming economic collapse.
The Senate version of the bill can be read at, https://legiscan.com/FL/text/S0750/2024