Transactional Gold

New Hampshire Revives Gold Bill

Written by Transactional Gold Team | Jan 14, 2025 4:15:00 PM

New Hampshire is considering bold financial reform through House Bill 721, introduced January 9, 2025. If enacted, gold and silver in coin or bar form would be officially recognized as legal tender for both public and private transactions—so long as both parties agree to the exchange. The bill would require state and local entities to accept these metals, potentially allowing residents to pay taxes, fees, and debts with coinage rather than cash. While the proposal aligns with a growing movement toward financial autonomy, lawmakers are evaluating its practical implications—such as secure handling, valuation, and state-level acceptance. 

What is HB 721?
A proposed New Hampshire law that would allow gold and silver coins or bars to be used as legal tender—accepted for taxes, fees, and private transactions if both parties agree.

Who has to comply?
State and local government agencies, as well as individuals and businesses that mutually agree to accept these metals instead of cash.

Why it matters:
HB721 offers residents an inflation-resistant payment option and embodies a philosophical shift toward financial freedom. The proposal is under consideration by the Commerce and Consumer Affairs Committee and may spur broader discussion on monetary alternatives.