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Restore Sound Money in West Virginia With HB 2463

Restore Sound Money in West Virginia With HB 2463
Alert Summary

Members of the West Virginia Legislature are seeking to enact HB 2463, which would help restore sound money and enforce the U.S. Constitution’s monetary provisions.

What Can You Do?

Contact your state legislators

Please help enact HB 2463 by contacting your state legislators. Urge them to support strong legislation that enforces the U.S. Constitution and restores sound monetary policy.

Why it Matters

Members of the West Virginia Legislature are seeking to enact legislation helping restore sound money and enforce the U.S. Constitution’s monetary provisions.

House Bill 2463 (HB 2463), titled the “West Virginia Legal Tender Act,” is sponsored by Delegate Chris Anders (R-Martinsburg). If enacted, HB 4342 would officially recognize gold and silver as legal tender and establish a transactional currency backed by gold and silver — thus bringing West Virginia closer to constitutional compliance and treating gold and silver as money.

HB 2463 is a good 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 West Virginia’s financial dependence on the federal government. It will also help West Virginia avoid a potential “Central Bank Digital Currency,” which would 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 2463 is a good model for other states to follow.

Urge your state representative and senator to support HB 2463 and to fully restore sound money in West Virginia.