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To repeal the legal tender laws, to prohibit taxation on certain coins and
bullion, and to repeal superfluous sections related to coinage.
IN THE HOUSE OF REPRESENTATIVES
Mr. PAUL introduced the following bill; which was referred to the Committee
on
A BILL
To repeal the legal tender laws, to prohibit taxation on
certain coins and bullion, and to repeal superfluous sections
related to coinage.
1 Be it enacted by the Senate and House of Representa2
tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Free Competition in
5 Currency Act of 2009’’.
6 SEC. 2. REPEAL OF LEGAL TENDER LAWS.
7 (a) IN GENERAL.—Section 5103 of title 31, United
8 States Code, (relating to legal tender) is hereby repealed.