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Idaho House votes to authorize state gold and silver holdings
From Money Metals News Service, Eagle, Idaho
Thursday, March 2, 2023
BOISE, Idaho -- The Idaho State House today approved a bill to enable the State Treasurer to protect state funds from inflation and other financial risks by holding some physical gold and and silver.
State representatives voted 40-29 to pass House Bill 180, the Idaho Sound Money Reserves Act, sending the measure -- introduced by Rep. Barbara Ehardt, R-Idaho Falls, and Sen. Phil Hart, R-Kellogg -- to the Senate for a hearing.
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Supported by Idahoans and groups such as the Sound Money Defense League, HB 180 would permit, but not require, the state treasurer to hold some portion of state funds in physical gold and silver to secure state assets against the risks of inflation and financial turmoil and/or to achieve capital gains as measured in devaluing Federal Reserve Notes. ...
... For the remainder of the report:
https://www.moneymetals.com/news/2023/03/02/idaho-house-votes-for-sound-money-002693
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