Utah Legal Tender Act

The Utah Legal Tender Act, which was passed March 10, 2011, recognizes gold and silver coins as legal tender in the state of Utah. This includes allowing the state of Utah to pay off debts in gold and silver and allowing individuals to transact in gold and silver coins without paying state capital gains tax, among other provisions. The bill was introduced as HB317 by State Representative Brad J. Galvez.

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