Members of the Florida Legislature are seeking to enact legislation to help restore sound money and enforce the U.S. Constitution’s monetary provisions.
House Bill 697 (HB 697) and Senate Bill 750 (SB 750) are respectively sponsored by Representatives Doug Bankson (R-Apopka) and Chip LaMarca (R-Lighthouse Point), and Senator Ana Rodriguez (R-Doral).
If enacted, HB 697 and SB 750 would officially recognize specie (including gold and silver) as legal tender — thus bringing Florida closer to constitutional compliance and treating gold and silver as money. Furthermore, HB 697 and SB 750 include provisions that would allow non-U.S.-minted gold and silver coins to be recognized as legal tender, further weakening Fed control.
HB 697 and SB 750 are a great first step toward enforcing the Constitution’s monetary provisions. Article I, Section 10, of the U.S. Constitution plainly states that “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” It’s long overdue that states begin to enforce this provision once again.
Additionally, this bill is an important step toward nullifying the unconstitutional Federal Reserve, which has a monopoly on money, and also reducing Florida’s financial dependence on the federal government. It will also help Florida avoid the federal government’s planned “Central Bank Digital Currencies,” which severely threaten privacy and individual freedom.
Article VI of the U.S. Constitution obligates state officials to uphold the Constitution and nullify all laws not “made in Pursuance” of it. Officials at all levels of government must push back against the federal government’s many unconstitutional laws and agencies, and robustly enforce the Constitution and only those laws “made in Pursuance thereof.” HB 697 and SB 750 are an excellent model for other states to follow.
Urge your state representative and senator to support HB 697 and SB 750 and to fully restore sound money in Florida.
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