Louisiana has made notable progress in supporting gold and silver as forms of money, with a 2017 law removing sales tax on precious metals like gold, silver, and platinum. In 2024, the state further affirmed the status of gold and silver as legal tender with Senate Bill 232, ensuring they could be used in contracts if both parties agree. However, the state still imposes capital gains taxes on precious metals and does not yet hold its reserves or pension funds in gold or silver, unlike states such as Texas. Despite these gaps, Louisiana is steadily moving toward fostering a sound money environment.