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MS SB2874
Bill
AI Summary
- Authorizes the Mississippi State Treasurer to contract with a public or private minting company to produce one-ounce gold and silver commemorative coins for the state
- Coins must be minted to standards similar to American Gold Eagles and Silver Eagles, featuring the Great Seal of Mississippi on one side and the magnolia flower on the reverse
- Required design elements include "State of Mississippi," "In God We Trust," and the minting year, with no monetary value stated and no human images permitted
- State Treasurer may accept pre-orders and payments, with coins sold at no less than metal cost plus fees; 80% of profits go to the State General Fund while 20% covers administrative costs
- Takes effect July 1, 2026, but contains a contradictory repeal date of June 30, 2026
Legislative Description
Gold and Silver Commemorative Coin Act; enact.
Last Action
Died In Committee
3/3/2026
Committee Referrals
Accountability, Efficiency, Transparency2/16/2026
Finance1/19/2026
Full Bill Text
No bill text available