Bill > HB721

This bill, titled the New Hampshire Legal Tender Act, establishes gold and silver in coin or bar form as legal tender for all public and private transactions within the state, provided that both the buyer and seller agree on the fair market value of the gold or silver. The bill also explicitly states that individuals are permitted to possess any amount of gold or silver. This legislation is set to take effect on July 1, 2025, and while it does not provide specific funding, it is expected to have an indeterminable fiscal impact on state and local governments due to the potential need for new infrastructure, security measures for handling precious metals, and the possibility of changes in tax revenue collection.

Business and Industry

https://gc.nh.gov/bill_Status/billinfo.aspx?id=686&inflect=2