Tuesday, March 4, 2025

Tag: Arkansas Passes Legal Tender Act

Arkansas Passes Legal Tender Act, Removes Taxes on Gold and Silver

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    by Clint Siegner, Money Metals:

    Arkansas Governor Signs Senate Bill 1718, Reaffirming Gold and Silver as Legal Tender and Removing All Tax Liability from the Monetary Metals

    Little Rock, Arkansas (April 18, 2023) – Sound money advocates are rejoicing as House Bill 1718, the Arkansas Legal Tender Act has become the law in the Natural State.

    Backed by the Sound Money Defense League, Money Metals Exchange, and sound money advocates and supporters throughout the state, HB 1718 reaffirms gold and silver as legal tender, as well as ends all taxes on purchase, sale, or exchange of specie, including state capital gains taxes.