U.S. Congress - H.R.1098 Free Competition in Currency Act of 2011
H.R.1098 - Free Competition in Currency Act of 2011
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
- Short: Free Competition in Currency Act of 2011 as introduced.
- 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.
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Official Summary
3/15/2011--Introduced.Free Competition in Currency Act of 2011- 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, orOfficial Summary
3/15/2011--Introduced.Free Competition in Currency Act of 2011- 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....Read the Rest
Recent News Coverage
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Ron Paul vs. Paul Krugman: The Bloody Aftermath
It seems that Professor Krugman hasn’t been paying attention to Congress. What Dr. Paul was talking about is a bill called H.R. 1098, which he introduced in Congress in September. It’s known as the Free Competition in Currencies Act.
Ron Paul’s Clash With Paul Krugman Displays Power of Hayek Against Ideas of Keynes
It seems that Professor Krugman hasn’t been paying attention to Congress. What Dr. Paul was talking about is a bill called H.R. 1098, which he introduced in Congress in September. It’s known as the Free Competition in Currencies Act. It is based on the
Wonkbook: Gene Sperling vs. Paul Ryan
Texas)...A companion bill was put before the Senate by Mike Lee (R., Utah). The Sound Dollar Act has far more hope of passage than the more radical H.R. 1098, introduced by Rep. Ron Paul (R., Texas) last year. H.R. 1098 would repeal the legal tender laws .
Recent Blog Coverage
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H.R. 1098, the Free Competition in Currency Act « de oppresso liber
Introduced by Rep. Ron Paul (R-TX), the bill would repeal federal legal tender laws and tax laws that penalize the use of gold and silver coins as money.
DPAD: Not too taxing « eOutreach Blog
It begins “I urge you to contact your representative and ask him or her to cosponsor H.R. 1098, the Free Competition in Currency Act of 2011 introduced by Rep. Ron Paul (R-TX).” Mark Giangreco, Deputy Communications Director of the ...
H.R. 1098: the Free Competition in Currency Act (tell your ...
search. H.R. 1098: the Free Competition in Currency Act (tell your representative to support it). Posted by CoinBits on Apr 16, 2012 in News Bits | 0 comments. line. H.R. 1098: the Free Competition in Currency Act (tell your representative to ...
Latest Letters to Congress
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H.R.1098 Free Competition in Currency Act of 2011
onionmek
May 17, 2012
I am writing as your constituent in the 4th Congressional district of Washington. I support H.R.1098 - Free Competition in Currency Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
93% of users on OpenCongress.org, a free, non-partisan resource, support H.R.1098.
Sincerely,
Adam Morrell -
H.R.1098 Free Competition in Currency Act of 2011
cliff5507
April 16, 2012
I am writing as your constituent in the 25th Congressional district of Texas. I support H.R.1098 - Free Competition in Currency Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
Clifford Brunswick -
H.R.1098 Free Competition in Currency Act of 2011
cliff5507
April 16, 2012
I am writing as your constituent in the 25th Congressional district of Texas. I am writing as your constituent in the 25th Congressional district of Texas. I am writing as your constituent in the 25th Congressional district of Texas. I support H.R.1098 - Free Competition in Currency Act of 2011, and am tracking it using OpenCongress.org, the free public resource website for government transparency and accountability.
Sincerely,
Clifford Brunswick
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