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Glossary of Legislative Terms

SB 750: State Legal Tender and Bullion Depository

GENERAL BILL by Rodriguez ; (CO-INTRODUCERS) Martin

State Legal Tender and Bullion Depository; Providing that specie legal tender and electronic currency are legal tender; authorizing that specie legal tender be recognized for certain payments by governmental entities; requiring the Department of Financial Services to establish and administer a bullion depository; providing requirements for security measures and insurance coverage for depositories; providing requirements for establishing electronic currencies, etc.

Effective Date: 7/1/2024
 Last Action: 3/8/2024 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Finance and Tax (FT)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
12/6/2023 Senate • Filed
12/15/2023 Senate • Referred to Banking and Insurance; Finance and Tax; Appropriations
1/9/2024 Senate • Introduced
3/8/2024 Senate • Died in Banking and Insurance