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Mississippi lawmakers reject three big-government 'transactional gold' bills
From the Sound Money Defense League
via Money Metals News Service, Eagle, Idaho
Thursday, February 5, 2026
Mississippi lawmakers this week rejected three vendor-inspired bills that would harm Mississippians and the gold industry by entangling the state in a government-run gold scheme.
House Bills 1440, 1530, and 1531 are each now considered dead after having failed to pass out of committee before a key legislative deadline.
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Mississippi joins a growing chorus of states -- including Wyoming, New Jersey, West Virginia, Michigan, Kansas, Iowa, and Idaho -- that are rejecting similar bills because they would significantly increase regulatory burdens on businesses, damage free market competition, and undermine personal privacy.
House Bills 1440, 1530, and 1531 would have created a complex and bureaucratic public-private partnership between the State of Mississippi and a small group of favored vendors to launch a government-backed precious metals purchasing, payment, and storage service -- directly competing with private businesses while expanding government control over the personal finances of Mississippians.
Here are some of the concerns policymakers, businesses, and investors have raised about these transactional gold bills. ...
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