GA SB424

Recognizes gold and silver specie as legal tender in Georgia for payment of debts between consenting private parties and for taxes/fees if the state or political subdivisions agree to accept it

Creates a six-member Bullion Depository Commission to establish bullion depositories for secure storage of gold and silver, authorize electronic payment systems, and promulgate rules and regulations with implementation required by January 1, 2028

Requires bullion depositories to insure all deposits at 100 percent of full replacement value under nongovernmental insurance policies, with deposits remaining sole property of account holders

Prohibits use of the transactional gold and silver system for surveillance, social credit scoring, or behavioral conditioning, and bars sharing of transaction information without court authorization

Exempts all purchases, sales, and exchanges of gold and silver specie from state tax liability