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Remove federal taxes on gold and silver coins and bullion to treat them as legal tender currency.

One policy goal, tracked across every bill that has carried it.

Known asPrecious Metals Parity Act

What’s happening with Precious Metals Parity Act?

H.R. 9060 remains in the House Committee on Ways and Means as of May 28, 2026, while S. 989 sits in the Senate Committee on Finance as of March 11, 2025. Committee members must choose to hold a vote to move these bills forward. Most bills fail because committees do not take action, and this is the primary hurdle for this effort.

Updated July 9, 2026 · Generated by AI. Always verify with official sources.

Where it stands

Now carried by Precious Metals Parity Act (H.R. 9060 (119th)) →

Legislative Progress

House
Senate
President
Law

How we got here

Every bill that has carried this goal, oldest first.

  1. Died with Congress · Jan 3, 2025

    Died when the 118th Congress ended without final passage. Bills must be reintroduced under a new number to be revived.

  2. Reintroduced · Jan 3, 2025

    Reintroduced from S. 4014 (118th), which died when its Congress ended.

    S. 4014 (118th)

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Who’s behind it

Kevin Hern (R-OK)Wrote and sponsored the current bill.