H.R.4248 - Free Competition in Currency Act of 2009

To repeal the legal tender laws, to prohibit taxation on certain coins and bullion, and to repeal superfluous sections related to coinage. view all titles (2)

All Bill Titles

  • Official: To repeal the legal tender laws, to prohibit taxation on certain coins and bullion, and to repeal superfluous sections related to coinage. as introduced.
  • Short: Free Competition in Currency Act of 2009 as introduced.

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House
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Senate
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President
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12/09/09
 
 
 
 
 
 
 

Latest Action Mar 01, 2010Referred to the Subcommittee on Comm... Related Bills (0) & Issues (7) Users Tracking H.R.4248 (31)
12/9/2009--Introduced.Free Competition in Currency Act of 2009 - Repeals the federal law establishing U.S. coins, currency, and reserve notes as legal tender for all debts, public charges, taxes, and dues. Prohibits any tax on any coin, medal, token, or gold, silver, platinum, palladium, o

Official Summary

12/9/2009--Introduced.Free Competition in Currency Act of 2009 - Repeals the federal law establishing U.S. coins, currency, and reserve notes as legal tender for all debts, public charges, taxes, and dues. Prohibits any tax on any coin, medal, token, or gold, silver, platinum, palladium, or rhodium bullion issued by a state, the United States, a foreign government, or any other person. Prohibits states from assessing any tax or fee on any currency or other monetary instrument that is used in interstate or foreign commerce and that has legal tender status under the Constitution. Repeals provisions of the federal criminal code relating to uttering coins of gold, silver, or other metal for use as current money and making or possessing likenesses of such coins. Abates any current prosecution under such provisions and nullifies any previous convictions.

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Recent Blog Coverage

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03/14/10
Keiser Report №11: Markets! Finance! Scandal! | Explosive Income

Free Competition in Currency Act, HR 4248. /watch?v=1GETvVmFjTE. LibertaerUeberAlles says: March 15, 2010 at 8:54 am. Yeah, it's one of those funny words that sounds German, but actually isn't. It might be derived from Scheißer, though, ...

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03/09/10
Do You Feel Free Anymore?

Free Competition in Currency Act (HR 4248) Statement of Congressman Ron Paul United States House of Representatives... Related posts brought to you by Yet Another Related Posts Plugin.

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03/09/10
Markopolos: 'No One Would Listen' | WBUR and NPR - On Point with ...

Congressman Ron Paul has again introduced a free competition in currency act (HR 4248) in an attempt to end this unlawful government monopoly. It has one co-sponsor, Rep Walter B. Jones Jr of North Carolina. Posted by Susan Mojica, ...

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