SB 416 - "Sound Money In Banking Act"; require any bank serving as a depository for the state to offer/accept gold and silver coin for deposit

Sponsored By

• (1) Shafer,David 48th
• (2) Mullis,Jeff 53rd
• (3) Hill,Judson 32nd
• (4) Rogers,Chip 21st
• (5) Williams,Tommie 19th

Committees

• SC:B&FI
• HC:

Current Status

First Reader Summary

A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to provide a short title; to provide legislative findings; to define certain terms; to require any bank or lending institution serving as a depository for the state or any department or agency of the state to offer and to accept gold and silver coin for deposit; to provide for related matters; to repeal conflicting laws; and for other purposes.

Status History

Versions

1. As introduced LC 28 5074ER