House Bill 7 (2021): Idle Money, Gold, Silver

House Bill 7 (H0007) would allow Idaho to diversify the forms of funds it holds.  Specifically, the bill allows Idaho to maintain its funds in gold and silver in addition to Federal Reserve Notes.  This is meant to protect Idaho’s monetary situation from potential inflation.

Bill Details

Number: H0007 (2021)

Title: Idle Money, Gold, Silver

Text | Statement of Purpose

Status: Introduced and Referred to the House State Affairs Committee (updated: 01.21.2021)

Sponsor(s): Representative Ron Nate, Senator Steve Vick

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