Members of the Utah Legislature are seeking to enact legislation helping restore sound money and enforce the U.S. Constitution’s monetary provisions.
House Bill 306 (HB 306) has been introduced for the 2025 session. If enacted, it would create a system allowing the state to pay vendors in gold or silver, further weakening the Federal Reserve’s control over currency in the United States.
On February 13, the Utah House unanimously passed HB 306, sending it to the Senate for consideration.
HB 306 is an important 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 Utah’s financial dependence on the federal government. It will also help Utah 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 306 is an excellent model for other states to follow.
Urge your state representative and senator to support HB 306 and to fully restore sound money in Utah.
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