Texas House Hearing on HJR 146 - Right to Use Cash and Cash Substitutes

Texas House Pensions, Investments & Financial Services Chair Giovanni Capriglione lays out and Tom Glass of Texas Constitutional Enforcement testifies in favor of HJR 146, the addition of the Right to Use Cash and Cash Substitutes to the Texas Bill of Rights on April 19, 2023.

The bill would add the following to the Texas Bill of Rights:

The right of the people to own, hold, and use a mutually agreed upon medium of exchange, including cash, coin, bullion, digital currency, or scrip, when trading and contracting for goods and services shall not be infringed. No government shall prohibit or encumber ownership or holding of any form or any amount of money or other currency. Nothing in this section shall be construed as restricting this state or a political subdivision of this state from only accepting payments made or entering into transactions using certain mediums of exchange.