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OHIO LEGISLATURE

Constitutional Ohio-Based Transactional (Gold & Silver) Currency
Are you feeling the impact of inflation?

OHIO HAS THE ANSWER

Imagine a Ohio gold-based currency you can spend that keeps up with inflation!
 

It can happen with your support!

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Current Legislative Action

Bill Numbers

HB206

Bill Sponsors

Rep Jennifer Gross

Rep Riordan T. McClain

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Coming Soon!

The Latest News...

Represenatives Jennifer Gross and Riodan McClain have filed HB206 to establish a transactional currency based on gold and silver held in a bullion depository approved by the treasurer of state.

The bill has been sent to the House Financial Institutions Committee.

Recent News and Updates

Ohio

House Bill 206 (2025): Introducing a Gold & Silver‑Backed ...

   On 2 September 2025
In early 2025, Ohio lawmakers introduced House Bill 206, authored by Representatives Jennifer Gross and Riordan McClain. This ambitious proposal seeks to establish a transactional ...
Ohio

Ohio passes bill exempting gold and silver bullion from sales ...

   On 2 September 2021
In August 2021, Ohio Governor Mike DeWine signed House Bill 110 into law, exempting gold, silver, platinum, and palladium bullion and coins from sales tax, effective October 1, ...
Ohio

Historical Tax Reform: Ohio’s Investment Metal Sales Tax ...

   On 3 July 2015
In June 2015, the Ohio House passed House Bill 26, aiming to exempt investment metal bullion and collectible coins—including gold, silver, platinum, and palladium—from the state’s ...

Key Resources

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Pirate Money Book

The book is about money, the wealth gap, the Great Reset, Central Bank Digital Currency, and Chinese efforts to displace the American dollar. More importantly, though, it is about implementing a solution to provide Economic Justice for real people facing the severe challenges headed straight toward us all.

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Ohio Transactional Gold and Silver Flyer

Get the word out with our Ohio customized flyer.

Download
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Pirate Money Treasure Map

This Treasure Map is an incredible tool for explaining the history of our monetary problem, and the Transactional Gold and Silver solution!

Download

New to Transactional Gold and Silver? Start here.

The eight questions people ask first, answered in plain language. Each answer links to the full article in the TGS Answer Library.

“Just Another Way to Pay.”

Browse the full TGS Answer Library →

What is Transactional Gold and Silver?

Transactional Gold and Silver (TGS) lets ordinary Americans own real, physical gold and silver and spend it like money. The metal is held in a secure vault within the United States, in your name, and a debit card or app lets you pay for everyday purchases while merchants receive ordinary U.S. dollars. TGS is state legislation that sets the rules; private companies provide the service. It is voluntary, and it is “Just Another Way to Pay.”

Read the full answer → transactionalgold.com/transactional-gold-faqs/what-is-transactional-gold-and-silver

Why do we need Transactional Gold and Silver?

Because the dollar keeps buying less, and ordinary Americans have had no practical way to use gold and silver as everyday money. The U.S. dollar has lost approximately 90% of its purchasing power since 1971, while gold has held its value over time. Transactional Gold and Silver (TGS) is the law that connects the two through a debit card, making that protection official, safeguarded, and available to anyone, not just the wealthy.

Read the full answer → transactionalgold.com/transactional-gold-faqs/why-do-we-need-transactional-gold-and-silver

How does it actually work? How do I spend gold?

You put dollars into a Transactional Gold and Silver (TGS) account, and the provider buys gold or silver for you, measured by weight, so you can start with a small amount. When you pay at the grocery store, the system calculates the exact fraction of gold or silver needed and converts it, and the merchant receives ordinary U.S. dollars. Nothing changes at the register, transactions are seamless and happen at the speed of society today. If you spend your gold, your gold balance simply goes down by the amount you spent.

Read the full answer → transactionalgold.com/transactional-gold-faqs/how-does-a-gold-and-silver-debit-card-work

Who benefits from Transactional Gold and Silver?

Consumers and businesses benefit by having another easy to use payment system. Now gold and silver have easy liquidity and transactional capabilities. Transactional Gold and Silver (TGS) gives ordinary Americans another way to own and use gold and silver, starting with amounts as little as $5. Now, it’s easy to start saving gold and silver or spend it when needed.

Read the full answer → transactionalgold.com/transactional-gold-faqs/who-benefits-from-transactional-gold-and-silver

Is Transactional Gold and Silver legal?

Yes. Article I, Section 10 of the U.S. Constitution says no state may make anything but gold and silver coin a tender in payment of debts, and states can recognize gold and silver as legal tender under their own law. Transactional Gold and Silver (TGS) legislation builds on that foundation. The state sets the legal framework and safeguards, and authorized private providers deliver the service. (Note: The state does not buy the gold or silver, they do not become a bank or have to operate a vault.)

Read the full answer → transactionalgold.com/transactional-gold-faqs/is-transactional-gold-and-silver-legal

Is Transactional Gold and Silver a cryptocurrency?

No to both. Transactional Gold and Silver (TGS) is backed by real, physical gold and silver held in a vault in the United States, not by a digital token on a blockchain. It is not a central bank digital currency either: no central bank issues it, the government does not run the accounts, and nobody is required to use it. The card or app is simply modern payment technology for spending gold and silver you own.

Read the full answer → transactionalgold.com/transactional-gold-faqs/is-transactional-gold-and-silver-cryptocurrency

Does Transactional Gold and Silver replace the U.S. dollar?

No. Transactional Gold and Silver (TGS) adds an option rather than taking one away. You can keep your bank account, cash, and cards, and merchants who accept a TGS payment still receive U.S. dollars. Participation is entirely voluntary for consumers, businesses, merchants, and financial institutions.

Read the full answer → transactionalgold.com/transactional-gold-faqs/is-transactional-gold-and-silver-trying-to-replace-the-dollar

Which states have passed Transactional Gold and Silver laws?

Six states (Texas, Florida, Arkansas, Louisiana, Utah, and Missouri) have enacted Transactional Gold and Silver (TGS) laws, and more states are considering TGS bills.

Read the full answer → New answer, no article yet. Link to be added.

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