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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)
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VERSIONS OF THIS 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:
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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January 15, 2020 at 1:19 PM