Texas HB1056: Relating to the recognition of gold and silver specie as legal tender and the establishment of a transactional currency based on gold and silver; authorizing a fee.

What the bill says

An act relating to the recognition of gold and silver specie as legal tender and the establishment of a transactional currency based on gold and silver; authorizing a fee.

From the enrolled text, May 30, 2025:

AN ACT relating to the recognition of gold and silver specie as legal tender and the establishment of a transactional currency based on gold and silver; authorizing a fee. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Chapter 2116, Government Code, is amended by adding Subchapter D to read as follows: [ADDED: SUBCHAPTER D. GOLD AND SILVER SPECIE AND CURRENCY] [ADDED: Sec.][ADDED: ][ADDED: 2116.101.][ADDED: ][ADDED: ][ADDED: LEGAL TENDER. (a) To the extent authorized ] [ADDED: by Section 10, Article I, United States Constitution, gold and ] [ADDED: silver specie that meet the requirements of this section are legal ] [ADDED: tender in this state.] [ADDED: (b)][ADDED: ][ADDED: ][ADDED: To be legal tender in this state, gold and silver ] [ADDED: specie:] [ADDED: (1)][ADDED: ][ADDED: ][ADDED: must be imprinted, stamped, or otherwise marked ] [ADDED: with the specie's weight and purity and may be imprinted, stamped, ] [ADDED: or otherwise marked with a name or symbol that identifies a refiner ] [ and] [ADDED: (2)][ADDED: ][ADDED: ][ADDED: except for the information described by ] [ADDED: Subdivision (1), may not be imprinted, stamped, or otherwise marked ] [ADDED: with any name, symbol, or other information or design, including ] [ADDED: any suggestion that the specie has been minted or issued by a ] [ADDED: government.] [ADDED: (c) …

Sponsors

• Mark Dorazio (R, HD-122) · primary sponsor
• Todd Hunter (R, HD-032)
• Giovanni Capriglione (R, HD-098)
• Richard Raymond (D, HD-042)
• Cody Harris (R, HD-008)
• Daniel Alders (R, HD-006)
• Alma Allen (D, HD-131)
• Rhetta Bowers (D, HD-113)
• Brad Buckley (R, HD-054)
• John Bucy (D, HD-136)
• Ben Bumgarner (R, HD-063)
• Briscoe Cain (R, HD-128)

Latest actions

1. June 22, 2025: See remarks for effective date
2. June 22, 2025: Signed by the Governor
3. June 1, 2025: Sent to the Governor
4. June 1, 2025: Signed in the Senate
5. May 31, 2025: Signed in the House
6. May 30, 2025: Reported enrolled
7. May 30, 2025: House concurs in Senate amendment(s)-reported
8. May 30, 2025: Text of Senate Amendment(s)
9. May 30, 2025: Statement(s) of vote recorded in Journal
10. May 30, 2025: Record vote (RV#4060)

Votes

• State Affairs Committee Vote (Out of committee): 10 yea, 5 nay, passed
• Finance Committee Vote (Out of committee): 9 yea, 6 nay, passed
• Record vote RV#4060 (May 30, 2025): 101 yea, 32 nay, passed
• Rules suspended-Regular order of business (May 27, 2025): 19 yea, 12 nay, passed
• Adopted (May 27, 2025): 18 yea, 12 nay, passed
• Record vote RV#1304 (May 2, 2025): 120 yea, 12 nay, passed

Common questions

What is HB1056?

HB1056 is a bill in the Texas Legislature (89th Legislature Regular Session): Relating to the recognition of gold and silver specie as legal tender and the establishment of a transactional currency based on gold and silver; authorizing a fee.

What does HB1056 do?

In its own words: An act relating to the recognition of gold and silver specie as legal tender and the establishment of a transactional currency based on gold and silver; authorizing a fee.

What is the status of HB1056?

Signed into law as of June 22, 2025. Latest action: See remarks for effective date (June 22, 2025).

Who sponsored HB1056?

Mark Dorazio (R, HD-122), with 11 co-sponsors.

Where is the official record for HB1056?

On the Texas Legislature website: https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB01056