HB 1043 — Gold and silver as legal tender.

1 sponsors · 3 co-sponsors · 146 not signed on

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Frequently asked questions

What does HB 1043 do?

Defines "specie" as: (1) coin having gold or silver content; or (2) refined gold or silver bullion. Provides that the following specie are recognized as legal tender in Indiana ("specie legal tender"): (1) Specie coin that is issued by the United States government or by a foreign government at any time. (2) Any other specie that a United States court, in a final nonappealable judgment, determines to be within state authority to make or designate as legal tender under the Constitution of the United States. Provides that except as otherwise specifically provided by law or contract, a person may not compel any other person to tender or accept specie as legal tender. Provides that a prevailing party in an action for breach of any contract provision that specifically provides for a type or form of specie as tender, regardless of whether the specie is recognized as legal tender in Indiana, is entitled to specific performance of the contract provision. Provides that specie and specie legal tender: (1) are not subject to assessment and taxation under Indiana's property tax statute; and (2) are exempt from the state gross retail tax.

Who sponsors HB 1043?

HB 1043 is sponsored by Alan Morrison, Jim Lucas (Republican), Jake Teshka (Republican), and Cindy Ledbetter (Republican).

What is the current status of HB 1043?

This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

Where can I track HB 1043?

Track HB 1043 free on One Click Politics — get push/email alerts when it moves.