Idaho H0637 amends existing law to clarify the legal tender status of gold and silver coin and specie in Idaho.
Idaho H0637 amends existing law to revise provisions regarding gold and silver coin and specie. The bill specifies that gold and silver coin and specie minted domestically or foreign are legal tender in Idaho, to the extent allowed by the U.S. Constitution. The state may also choose to use these forms of currency in its business operations. The bill further clarifies that no person or entity can be compelled to tender or accept gold or silver coin or specie unless agreed upon by the parties. This act is declared to be in full force and effect starting July 1, 2026.
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