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TX SJR55

Joint Resolution

Status

Introduced

2/18/2025

Primary Sponsor

Tan Parker

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Proposes adding Section 36 to Article I of the Texas Constitution to establish a constitutional right to own, hold, and use any mutually agreed upon medium of exchange for trading and contracting

  • Protected mediums of exchange explicitly include cash, coin, bullion, digital currency, and privately issued scrip

  • Prohibits any government from prohibiting or encumbering the ownership or holding of any form or amount of money or other currency

  • Preserves the state's authority to choose which medium of exchange it will accept for payments made to the state

  • Would be submitted to voters at an election on November 7, 2023

Legislative Description

Proposing a constitutional amendment relating to the right to own, hold, and use a mutually agreed upon medium of exchange.

Financial

Last Action

Referred to Business & Commerce

2/28/2025

Committee Referrals

Business & Commerce2/28/2025

Full Bill Text

No bill text available