Loading ...Utah is on the verge…..
The Utah Legislature passed the precious metals amendments bill authorizing the state treasurer to issue a competitive procurement for a precious metals-backed electronic payment platform, allowing state vendors to opt for payment in physical gold and silver.
Sponsored by Rep. Ken Ivory and carried in the Senate by Sen. Keith Grover, the bill, designated HB 306 in Utah’s 2025 legislative session, passed with strong bipartisan support in both the House and Senate and now awaits the governor’s signature.