Bill > H0177

This bill establishes the "Idaho Constitutional Money Act of 2025", which declares gold and silver coin and specie (physical metal in coin or bullion form) as legal tender in the state of Idaho. The legislation asserts that the state has the constitutional authority to designate gold and silver as a medium of exchange under the U.S. Constitution's tenth amendment and Article I, Section 10. The bill provides detailed definitions for terms like "debt", "legal tender", and "specie", and clarifies that while gold and silver can be used as payment, no person or entity can be forced to accept or tender such coins unless all parties agree. The law recognizes Idahoans' right to conduct business using gold and silver at their own discretion and allows the state to use such coins in its own governmental operations. Importantly, the bill does not mandate the use of gold and silver, but rather provides a legal framework for their voluntary use as currency. The act is set to take effect on July 1, 2025, and includes a severability clause to ensure that if any part of the law is found invalid, the rest remains in force.

Government Affairs

State Affairs Committee (H)

https://legislature.idaho.gov/sessioninfo/2025/legislation/H0177/