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
- 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 2011 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
Latest Letters to Congress
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H.R.1098 Free Competition in Currency Act of 2011
tmartin9
January 15, 2013
I am writing as your constituent in the 24th Congressional district of Florida. 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.
I know the most recent action for this bill is as follows: "Subcommittee Hearings Held." on Sep 13, 2011
This bill has been assigned to the House Financial Services - Domestic and International Monetary Policy, Trade and Tech... -
H.R.1098 Free Competition in Currency Act of 2011
PhilGlover
December 13, 2012
I am writing as your constituent in the 2nd Congressional district of Oregon. I am writing as your constituent in the 2nd Congressional district of Oregon. 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.
The inflation of our currency allowed by the monetary policy of the Federal Reserve has revealed that a private monopoly cannot be trusted to protect t... -
H.R.1098 Free Competition in Currency Act of 2011
N8RUH
November 16, 2012
I am writing as your constituent in the 1st Congressional district of Texas. I am writing as your constituent in the 1st 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,
TJ ILey

U.S. Congress - H.R.1098 Free Competition in Currency Act of 2011



