January 9, 2025
Bill introduced: HB 721 was introduced in the House and immediately referred to the Commerce and Consumer Affairs Committee, marking the formal start of its legislative journey.
February 19, 2025
Public Hearing held: Lawmakers invited public testimony on the bill, both in support and opposition, providing stakeholders an opportunity to voice their views.
March 12, 2025
Subcommittee Work Session: Lawmakers conducted detailed discussion and review behind closed doors within a subcommittee format.
March 19, 2025
Executive Committee Session: The full Commerce and Consumer Affairs Committee held an executive session, making recommendations and ultimately retaining the bill in committee, meaning it did not move forward to a floor vote.
July 1, 2025
Proposed effective date: If HB 721 were enacted, its provisions—including recognizing gold and silver as legal tender—would take effect on this day.
September 10, 2025
Full Committee Work Session scheduled: A follow-up session was added to the House calendar, reopening debate and offering another opportunity for the committee to act on the bill.