Utah Legal Tender Act
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Utah Legal Tender Act
The Utah Legal Tender Act, passed March 10, 2011, recognizes gold and silver coins issued by the United States as legal tender in the state of Utah. This includes allowing the state of Utah to pay off debts in gold and silver and allowing individuals to transact in gold and silver coins without paying state capital gains tax, among other provisions. The bill was introduced as HB317 by State Representative Brad J. Galvez. In 2020, KSL-TV in Salt Lake City, Utah reported 25-50% of small business in Utah were accepting independently produced Goldback currency which had been created in the aftermath of the 2011 law. The law does not violate the constitution of the USA The Constitution of the United States is the supreme law of the United States of America. It superseded the Articles of Confederation, the nation's first constitution, in 1789. Originally comprising seven articles, it delineates the nation ... as the constitution allows individual states to make gold and silve ...
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Utah State Legislature
The Utah State Legislature is the state legislature of the U.S. state of Utah. It is a bicameral body, comprising the Utah House of Representatives, with 75 state representatives, and the Utah Senate, with 29 state senators. There are no term limits for either chamber. The Legislature convenes at the Utah State Capitol in the state capital of Salt Lake City. In 2020, voters approved an amendment to the state constitution that changed the legislative start date from a constitutionally mandated fourth Monday of January to a date set by state law (thereby making it easier to change the start date if necessary). Current state law requires the start date of the Utah State Legislature to be the first Tuesday after the third Monday in January for an annual 45-day session. Overview The Utah State Legislature meets in the Utah State Capitol in Salt Lake City. The Republicans currently have super-majorities in both the House and Senate. They control the House by a margin of 59–16 a ...
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Utah House Of Representatives
The Utah House of Representatives is the lower house of the Utah State Legislature, the state legislature of the U.S. state of Utah. The House is composed of 75 representatives elected from single member constituent districts. Each district contains an average population of 44,000 people. Members of the House are elected to two-year terms without term limits. The House convenes at the Utah State Capitol in Salt Lake City. Composition of the House of Representatives Leadership Members of the 64th House of Representatives : * Representative was originally appointed to office. : †Travis Seegmiller has announced his resignation from office, effective July 1, 2022. Past composition of the House of Representatives See also * Utah State Legislative districts *Utah State Senate * List of Utah State Legislatures * Elections in Utah *Utah Republican Party *Utah Democratic Party The Utah Democratic Party is the affiliate of the Democratic Party in the U.S. state of Ut ...
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Utah State Senate
The Utah State Senate is the upper house of the Utah State Legislature, the state legislature of the U.S. state of Utah. The Utah Senate is composed of 29 elected members representing an equal number of senate districts. Each senate district is composed of approximately 95,000 people. Members of the Senate are elected to four-year terms without term limits. The Senate convenes at the Utah State Capitol in Salt Lake City. The last elections were held in 2022. Composition of the Senate Leadership, 64th session Members of the 64th Senate ↑: Senator was originally appointed Legislative Website Utah Senate staff, under direction of Senate Presidents Waddoups and Niederhauser worked with the House of Representatives, thLFA and other staff to develop what many have called the best legislative website in the nation. In 2014le.utah.govwon the NCSL Online Democracy Award. The Utah Legislature had previously won this award in 2005. Past composition of the Senate See a ...
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Gary Herbert
Gary Richard Herbert (born May 7, 1947) is an American politician who served as the 17th Governor of Utah from 2009 to 2021. A member of the Republican Party, he chaired the National Governors Association during the 2015–2016 cycle. Herbert won a seat on the Utah County Commission in 1990, where he served 14 years. He ran for the Republican nomination for governor in 2004, ultimately becoming fellow Republican candidate Jon Huntsman's running mate in the general election. Herbert served as Lieutenant Governor of Utah from 2005 until August 11, 2009, when he assumed the governorship following the resignation of Huntsman, who was appointed to serve as the United States Ambassador to China by President Barack Obama. Herbert was elected to serve out the remainder of the term in a special gubernatorial election in 2010, defeating Democratic nominee Salt Lake County Mayor Peter Corroon with 64% of the vote. He won election to a full four-year term in 2012, defeating Democratic Bu ...
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Brad J
Brad may refer to: * Brad (given name), a masculine given name Places * Brad, Hunedoara, a city in Hunedoara County, Romania * Brad, a village in Berești-Bistrița Commune, Bacău County, Romania * Brad, a village in Filipeni, Bacău, Romania * Brad, a village in Negri, Bacău, Romania * Barad, Syria, also spelled "Brad", an ancient village Rivers * Brad (Crișul Alb), a tributary of the Crișul Alb in Hunedoara County, Romania * Brad (Suciu), a tributary of the Suciu in Maramureș County, Romania Other uses * Brad (band), American band * BRAD Insight, media directory * Brad, various types of nails * Brad, a brass fastener A brass fastener, butterfly clips, brad, paper fastener or split pin is a stationery item used for securing multiple sheets of paper together. A patent of the fastener was issued in 1866 to George W McGill. The fastener is inserted into punched ..., a stationery item used for securing multiple sheets of paper together * Binary radians ("brads"), a m ...
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Scott K
Scott may refer to: Places Canada * Scott, Quebec, municipality in the Nouvelle-Beauce regional municipality in Quebec * Scott, Saskatchewan, a town in the Rural Municipality of Tramping Lake No. 380 * Rural Municipality of Scott No. 98, Saskatchewan United States * Scott, Arkansas * Scott, Georgia * Scott, Indiana * Scott, Louisiana * Scott, Missouri * Scott, New York * Scott, Ohio * Scott, Wisconsin (other) (several places) * Fort Scott, Kansas * Great Scott Township, St. Louis County, Minnesota * Scott Air Force Base, Illinois * Scott City, Kansas * Scott City, Missouri * Scott County (other) (various states) * Scott Mountain, a mountain in Oregon * Scott River, in California * Scott Township (other) (several places) Elsewhere * 876 Scott, minor planet orbiting the Sun * Scott (crater), a lunar impact crater near the south pole of the Moon *Scott Conservation Park, a protected area in South Australia People * Scott (surname), including a li ...
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Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than legal ...
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Utah
Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to its west by Nevada. Utah also touches a corner of New Mexico in the southeast. Of the fifty U.S. states, Utah is the 13th-largest by area; with a population over three million, it is the 30th-most-populous and 11th-least-densely populated. Urban development is mostly concentrated in two areas: the Wasatch Front in the north-central part of the state, which is home to roughly two-thirds of the population and includes the capital city, Salt Lake City; and Washington County in the southwest, with more than 180,000 residents. Most of the western half of Utah lies in the Great Basin. Utah has been inhabited for thousands of years by various indigenous groups such as the ancient Puebloans, Navajo and Ute. The Spanish were the first Europe ...
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Capital Gains Tax
A capital gains tax (CGT) is the tax on profits realized on the sale of a non-inventory asset. The most common capital gains are realized from the sale of stocks, Bond (finance), bonds, precious metals, real estate, and property. Not all countries impose a capital gains tax and most have different rates of taxation for individuals versus corporations. Countries that do not impose a capital gains tax include Bahrain, Barbados, Belize, Cayman Islands, Isle of Man, Jamaica, New Zealand, Sri Lanka, Singapore, and others. In some countries, such as New Zealand and Singapore, professional traders and those who trade frequently are taxed on such profits as a business income. In Sweden, the Investment Savings Account (ISK – ''Investeringssparkonto'') was introduced in 2012 in response to a decision by Parliament to stimulate saving in funds and equities. There is no tax on capital gains in ISKs; instead, the saver pays an annual standard low rate of tax. Fund savers nowadays mainly ch ...
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KSL-TV
KSL-TV (channel 5) is a television station in Salt Lake City, Utah, United States, affiliated with NBC. It is the flagship television property of locally based Bonneville International, the for-profit broadcasting arm of the Church of Jesus Christ of Latter-day Saints (LDS Church), and is sister to KSL radio (1160 AM and 102.7 FM). The three stations share studios at the Broadcast House building in Salt Lake City's Triad Center; KSL-TV's transmitter is located on Farnsworth Peak in the Oquirrh Mountains, southwest of Salt Lake City. The station has a large network of broadcast translators that extend its over-the-air coverage throughout Utah, as well as portions of Arizona, Idaho, Nevada and Wyoming. KSL-TV is one of a few for-profit U.S. television stations owned by a religious institution (most U.S. TV stations owned by religious institutions are affiliated with non-profit religious broadcasting networks). History As a primary CBS affiliate The station first signed on the ...
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Salt Lake City, Utah
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the Capital (political), capital and List of cities and towns in Utah, most populous city of Utah, United States. It is the county seat, seat of Salt Lake County, Utah, Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, the city is the core of the Salt Lake City metropolitan area, which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Provo–Orem Combined Statistical Area, Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a segment of the Wasatch Front, comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. It is also the central core of the larger of only two major urban areas located within the Great Basin (the other being Reno, Nevada). Salt Lake C ...
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Goldback
The Goldback is a family of local currencies operating in four U.S. states and launched by Goldback, Inc. in Utah in 2019. Goldbacks contain a thin layer of gold within a polymer coating. Overview Goldbacks are shaped like regular currency notes but contain 24K pure gold. The gold is safely contained between two layers of clear polyester, which add artistic elements to the fractional gold bullion they contain. The term Goldback refers to each unit of the currency and is 1/1000 of an ounce of pure gold. The Goldbacks are issued in denominations of 1, 5, 10, 25, and 50, each containing proportionally larger amounts of gold. The notes are minted by Valaurum, a regulated and certified private mint which mints gold products for various governments across the world. Valaurum uses a proprietary and patented vacuum deposition process to fuse gold atomically together into thin sheets encased in a plastic film designed to hold the gold. Since the launch of the Goldback, the company al ...
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