Bill

Bill > S1323


ID S1323

ID S1323
Amends existing law to provide for the specific performance of tendering the type or form of specie expressly designated in certain contracts.


summary

Introduced
02/18/2026
In Committee
03/09/2026
Crossed Over
03/06/2026
Passed
Dead
04/02/2026

Introduced Session

2026 Regular Session

Bill Summary

RELATING TO THE IDAHO CONSTITUTIONAL MONEY ACT OF 2025; AMENDING SECTION 67-9803, AS ENACTED BY SECTION 2, CHAPTER 107, LAWS OF 2025, TO PROVIDE FOR THE SPECIFIC PERFORMANCE OF TENDERING THE TYPE OR FORM OF SPECIE EX- PRESSLY DESIGNATED IN CERTAIN CONTRACTS AND TO REDESIGNATE THE SECTION; AND DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE.

AI Summary

This bill, titled the Idaho Constitutional Money Act of 2025, amends existing law to allow for the specific enforcement of contracts that explicitly state a particular type or form of "specie" (precious metal coins like gold or silver) must be used for payment. Previously, individuals or entities generally couldn't be forced to accept or tender gold or silver unless they agreed to it, but this bill adds a provision that if a contract clearly designates a specific specie for tender, Idaho courts must order that the contract be fulfilled exactly as written, meaning the designated specie must be tendered. The bill also renumbers the section it amends and declares an emergency, setting an effective date of July 1, 2026.

Committee Categories

Government Affairs, Justice

Sponsors (0)

No sponsors listed

Other Sponsors (1)

State Affairs Committee (Senate)

Last Action

Read First Time, Referred to State Affairs (on 03/09/2026)

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