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2013 SESSION

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HJ 590 Monetary unit based on metallic standard; joint subcommittee to study feasibility, etc.

Introduced by: Robert G. Marshall | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Study; joint subcommittee to study the feasibility of a metallic-based monetary unit; report. Establishes a joint subcommittee to study whether the Commonwealth should adopt a metallic-based monetary unit to serve as a contingency currency for the Commonwealth.

SUMMARY AS INTRODUCED:

Study; joint subcommittee to study alternative medium of commerce or currency; report. Establishes a joint subcommittee to study whether the Commonwealth should adopt an alternate medium of commerce or currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System.