South Carolina General Assembly
123rd Session, 2019-2020

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Indicates Matter Stricken
Indicates New Matter

H. 4678

STATUS INFORMATION

General Bill
Sponsors: Reps. Jones and Clyburn
Document Path: l:\council\bills\nbd\11302dg20.docx

Introduced in the House on January 14, 2020
Currently residing in the House Committee on Judiciary

Summary: Coins, silver and gold coins minted foreign or domestic

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  11/20/2019  House   Prefiled
  11/20/2019  House   Referred to Committee on Judiciary
   1/14/2020  House   Introduced and read first time (House Journal-page 65)
   1/14/2020  House   Referred to Committee on Judiciary 
                        (House Journal-page 65)

View the latest legislative information at the website

VERSIONS OF THIS BILL

11/20/2019

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 17 TO CHAPTER 1, TITLE 1 SO AS TO PROVIDE THAT GOLD AND SILVER COINS MINTED FOREIGN OR DOMESTIC SHALL BE LEGAL TENDER IN THIS STATE, AND TO PROVIDE THAT NO PERSON MAY COMPEL ANOTHER PERSON TO TENDER OR ACCEPT GOLD OR SILVER COIN UNLESS AGREED UPON BY THE PARTIES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Chapter 1, Title 1 of the 1976 Code is amended by adding:

    "Article 17

    Gold and Silver as Legal Tender

    Section 1-1-1110.    To the full extent allowed by Article 1, Section 10, Clause 1 of the Constitution of the United States, gold and silver coins minted foreign or domestic shall be legal tender in the State of South Carolina under the laws of this State.

    Section 1-1-1120.    No person or other entity may compel another person or other entity to tender or accept gold or silver coin unless agreed upon by the parties."

SECTION    2.    This act takes effect upon approval by the Governor.

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This web page was last updated on January 15, 2020 at 1:19 PM