{"id":137539,"date":"2023-01-26T15:43:51","date_gmt":"2023-01-26T21:43:51","guid":{"rendered":"https:\/\/jbs.org\/?post_type=alert&p=137539"},"modified":"2024-05-10T08:11:04","modified_gmt":"2024-05-10T13:11:04","slug":"restore-sound-money-in-alaska-with-hb-3","status":"publish","type":"alert","link":"https:\/\/jbs.org\/alert\/restore-sound-money-in-alaska-with-hb-3\/","title":{"rendered":"Restore Sound Money in Alaska with HB 3"},"content":{"rendered":"
<\/p><\/div><\/div><\/div><\/div><\/div>
URGENT:<\/mark> The Alaska Senate State Affairs Committee passed<\/a> sound-money bill HB 3, sending it to the Senate Finance Committee for consideration.<\/strong> HB 3 has already passed the Alaska House of Representatives, so if it passes the Senate, it will be fully enacted.<\/em> Please contact your state senators, and urge them to support HB 3.<\/mark><\/strong><\/p> Members of the Alaska Legislature are seeking to enact legislation helping restore sound money and enforce the U.S. Constitution\u2019s monetary provisions.<\/p> House Bill No. 3 (HB 3<\/a>) is sponsored by Representative Kevin McCabe (R- Big Lake) and cosponsored by Representatives George Rauscher (R-Sutton) and DeLena Johnson (R-Palmer). On May 11, 2023, the Alaska House passed<\/a> HB 3.<\/em><\/p> If enacted, HB 3 would officially recognize<\/a> gold and silver coins as legal tender and eliminate local sales taxes on gold and silver \u2014 thus bringing Alaska closer to constitutional compliance and treating gold and silver as money.<\/p> HB 3 is a good first step<\/a> toward enforcing the Constitution\u2019s monetary provisions. Article I, Section 10<\/a>, of the U.S. Constitution plainly states that \u201cNo State shall\u2026make any Thing but gold and silver Coin a Tender in Payment of Debts.\u201d It\u2019s long overdue that states begin to enforce this provision once again.<\/p> Additionally, these bills are important steps toward nullifying<\/a> the unconstitutional Federal Reserve<\/a>, which has a monopoly on money, and also reducing Alaska\u2019s financial dependence on the federal government. It will also help Alaska avoid the federal government\u2019s planned \u201cCentral Bank Digital Currencies<\/a>,\u201d which severely threaten privacy and individual freedom.<\/p>