AK HB167

Exempts the sale or exchange of specie from borough and city sales and use taxes in Alaska.

Designates gold or silver specie as legal tender in the state to the extent permitted by the U.S. Constitution, including federal government-issued coins and coins designated by court order.

Defines specie as coins with gold or silver content or refined bullion coins imprinted with weight and purity, valued primarily based on metal content rather than form.

Clarifies that no person is required to accept gold or silver specie as payment.

Directs the House Finance Committee to study establishing an alternative form of legal tender for state debts and taxes, with legislation to be introduced during the Second Regular Session of the Thirty-Second Legislature if determined practical and beneficial.