SB 1588: Legal Tender
GENERAL BILL by Gruters
Legal Tender; Revising the definitions of the terms “gold coin” and “silver coin”; revising requirements for gold coin and silver coin recognized as legal tender; deleting a provision regarding examination of certain applicants; revising prohibitions relating to money services businesses; revising license application requirements for certain applicants, etc.
Effective Date: Upon becoming a law
Last Action: 1/22/2026 Senate - Introduced
Bill Text: Web Page | PDF
Last Action: 1/22/2026 Senate - Introduced
Bill Text: Web Page | PDF
Senate Committee References:
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/9/2026 | Senate |
• Filed |
| 1/16/2026 | Senate |
• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules |
| 1/22/2026 | Senate |
• Introduced |