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PRESS RELEASE For Immediate Distribution, January 14th, 2009.
The Committee for Indiana Honest Money is happy to announce that their proposed legislation, "The Indiana Honest Money Act", has been introduced to the Indiana General Assembly today. The bill was submitted by Senator Greg Walker of District 41, (R-Columbus), and has been assigned to the Senate Tax and Fiscal Committee for reading, review and consideration. The bill as submitted is Senate Bill 453 (SB453), and specifically adds:
"ARTICLE (4-) 8.3. GOLD AND SILVER COIN AND ELECTRONIC CURRENCY". Senator Walker can be contacted via his Legislative Assistant , Dana Carter, at 317-232-9984 or 800-382-9467
The bill and its status can be found at:
http://www.in.gov/apps/lsa/session/billwatch/billinfo?year=2009&session=1&request=getBill&docno=453
SB453, the Indiana Honest Money Act (IHMA), is based on model legislation authored by Dr. Edwin Vieira of Virginia, and is the model for New Hampshire's "Gold Money bill" - http://www.goldmoneybill.org/ Dr. Vieira's writings on the subject can be found at:
http://newswithviews.com/Vieira/edwinA.htm
SB453 reintroduces gold and silver as a medium of currency, establishes criteria for species exchange, species vault and digital/electronic currency providers; and jumpstarts the process by requiring the State to collect tobacco taxes and revenues in digital gold currency, and to make available digital gold currency as a payment option both to and from the state.
The bill marries the time proven security and economic independence of gold and silver with modern banking technology, providing ready access to a competing currency that protects from inflation and guarantees economic liberty. The digital currency industry is a rapidly growing industry that is international in scope, providing a 'non-fractional' sound money solution for those seeking an alternative to fiat currencies. See the Wikipedia article "electronic money": http://en.wikipedia.org/wiki/Electronic_money for more information.
We would like to thank Senator Walker for introducing the bill; Dr. Edwin Vieira, New Hampshire Representative Henry McElroy and Harvey Wharfield for their tireless efforts in New Hampshire blazing the trail for a return to sound, honest money. Please take the time to either call Senator Walker, or drop him a line thanking him for his crucial role in the quest for sound money. Senator Walker can be reached Senator Walker can be contacted via his Legislative Assistant , Dana Carter, at 317-232-9984 or 800-382-9467. Or his webpage: http://www.in.gov/s41/
While this is but one small step in the battle to return to sound, honest money, we are very pleased and ask that you please visit our site for more information on the bill, honest money, and ways in which you can help us champion and forward the fight for economic independence and personal economic liberty through sound, honest money.
In liberty,
The Committee for Indiana Honest Money http://IndianaHonestMoney.com
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