Members of the Wisconsin Legislature are seeking to enact Assembly Bill 29 (AB 29) and Senate Bill 33 (SB 33), identical bills that would help restore sound money.
If enacted, AB 29 and SB 33 would create a sales and use tax exemption for gold, silver, and other precious metals. This is an important step toward treating gold and silver as money — as the U.S. Constitution requires. On March 21, 2024, Governor Tony Evers signed AB 29 into law.
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. According to the Sound Money Index, Wisconsin has one of the least constitutionally compliant monetary policies. Enacting AB 29 and SB 33 would be a good first step toward adhering to the U.S. Constitution.
Additionally, AB 29 and SB 33 are a good step toward nullifying the unconstitutional Federal Reserve, which has a monopoly on money.
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.”
Assembly Bill 29 (AB 29) was introduced by Representatives Shae A. Sortwell (R-Two Rivers), Michael Schraa (R-Oshkosh), Scott Allen (R-Waukesha), David Armstrong (R-Rice Lake), Elijah R. Behnke (R-Oconto), Ty Bodden (R-Hilbert), Robert Brooks (R-Saukville), Nate L. Gustafson (R-Neenah), Clint P. Moses (R-Menomonie), David Murphy (R-Greenville), Jeffrey Mursau (R-Crivitz), William Penterman (R-Columbus), Kevin Petersen (R-Waupaca), Nik P. Rettinger (R-Mukwonago), Paul Tittl (R-Manitowoc), and Ron Tusler (R-Harrison).
Senate Bill 33 (SB 33) was introduced by Senator Duey Stroebel (R-Saukville) along with Senators Rachael Cabral-Guevara (R-Appleton), Mary Felzkowski (R-Irma), Dan Feyen (R-Fond du Lac), Stephen L. Nass (R-Whitewater), Romaine Robert Quinn (R-Cameron), and Mark Spreitzer (R-Beloit).
If your senator and representative is listed above contact them to thank them for supporting this bill. Furthermore, please contact Governor Tony Evers’ office, and urge him to sign AB 29 into law.
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