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Subject House Bill 633: Idaho Silver Gem Act
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STATEMENT OF PURPOSE

RS19520C1

"This legislation provides for the State Treasurer to accept an Idaho manufactured silver medallion and bar for the payment of fees and taxes. First the State Treasurer will sell these silver medallions and bars to the public at their market value tied to the daily market price of the U.S. Mint’s one troy, bullion style, silver American Eagle. This silver American Eagle will also be accepted by the Treasurer for the payment of fees and taxes. The medallion and bars will be designed by the medallion committee of legislators already referenced in Idaho Code at 671223(3). The initial
funds to begin this program may come from presales of medallions and bars, from grants or from the General Fund."

[link to www.legislature.idaho.gov]

Utah and Virginia have similar proposals. I'm just saying.
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