Restore Sound Money in West Virginia With HB 4673 and SB 413
Legislative Alerts
Members of the West Virginia Legislature are seeking to enact HB 4673 and SB 413, which would help restore sound money and enforce the U.S. Constitution’s monetary provisions.
Contact your state legislators
Please help enact HB 4673 and SB 413 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 4673 (HB 4673), titled the “West Virginia Legal Tender Act,” is sponsored by Delegate Chris Anders (R-Martinsburg) and co-sponsored by five other delegates. If enacted, it would officially recognize gold and silver as legal tender, authorize a state bullion depository, 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.
Senate Bill 413 (SB 413), titled the “Transactional Gold and Silver Act,” is sponsored by Senators Patricia Rucker (R-Harpers Ferry) and Darren Thorne (R-Romney). If enacted, it would also recognize gold and silver as legal tender and create a bullion depository and transactional currency.
HB 4673 and SB 413 are 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, these bills are 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 4673 and SB 413 is a good model for other states to follow.
Urge your state delegate and senator to support HB 4673 and SB 413 and to fully restore sound money in West Virginia.