LeRoy Nellis

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HB 165 — Requiring the establishment of a transactional currency

This bill covers requiring the establishment of a transactional currency based on gold and silver.

By LeRoy Nellis — Tracked from public agency records

This bill covers requiring the establishment of a transactional currency based on gold and silver.

Author: Isaac. Filed: 11/09/2026 (H Filed). Caption: “Relating to requiring the establishment of a transactional currency based on gold and silver.”

Subjects: Business & Commerce--General (I0050), Financial--General (I0365), State Agencies, Boards & Commissions (I0749), COINS & PRECIOUS METALS (S0013), CURRENCY & CURRENCY EXCHANGE (S0335), COMPTROLLER OF PUBLIC ACCOUNTS (V2608), TEXAS BULLION DEPOSITORY, OFFICE OF THE COMPTROLLER (V1028). Council document: see the Legislature history page.

Full bill text (Introduced)

Official text from the Texas Legislature. Bill history for HB 165 · Bill text (HTML).

90R3487 KJE-D By: Isaac H.B. No. 165 relating to requiring the establishment of a transactional currency based on gold and silver.

SECTION 1. Section 2116.102, Government Code, as effective May 1, 2027, is amended to read as follows: Sec. 2116.102. TRANSACTIONAL CURRENCY. The comptroller shall [ may ] establish or authorize one or more electronic systems that enable a depositor or vendor to make and receive payments using a currency backed by gold and silver bullion held in the depository.

SECTION 2. This Act takes effect September 1, 2027.

Sources: Texas Legislature, Today's Filed Bills in the House (11/09/2026), HB 165; 90th Legislature BillLookup history and Introduced bill text.

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