According to The Idaho Reporter, a state representative there is introducing a bill with the same idea as our proposed Honest Money legislation. State Rep. Phil Hart (R-Athlon) has introduced a bill to allow the state treasurer to accept a silver "medallion" in payment of taxes. The medallion would be a bullion coin, to observe the Constitutional prohibition against states "coining money."
The legislation would also help revive a lagging silver mining industry and help resolve an environmental problem with a silver-like waste that threatens the water table in Northern Idaho.
While I personally like the idea of using the pre-1965 U.S. dollar, which is also silver, in payment of taxes, it is good that states are experimenting with different approaches to restoring sound money.
A proposal for Ohio is on the drawing board, and will be announced when introduced.
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