Arizona Legal Tender Initiative (2018)

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Arizona
Legal Tender Initiative
Flag of Arizona.png
Election date
November 6, 2018
Topic
Administration of government
Status
Not on the ballot
Type
State statute
Origin
Citizens


The Arizona Legal Tender Initiative was not on the ballot in Arizona as an initiated state statute on November 6, 2018.

The measure would have determined how legal tender was defined. The initiative would have defined the following as legal tender: (a) legal tender authorized by Congress, (b) coin or bullion having gold or silver content issued at any time by the U.S. government, (c) coin or bullion having gold or silver content that a court of competent jurisdiction rules as within the scope of state authority to make legal tender, and (d) any digital currency in which encryption techniques are used that is agreed upon as a unit of trade. The measure would have provided that a person may not compel, except by contract, any other person to accept coin or bullion having gold or silver content or digital currency.[1]

Text of measure

Full text

The full text of the measure is available here.

Path to the ballot

See also: Laws governing the initiative process in Arizona

The initiative was filed on February 27, 2017, by the group Free Market Solutions. The petition filing designated Nicolas Guillermo as chairperson and Tracy Molina as treasurer of the campaign. Supporters of the initiative were required to collect 150,642 valid signatures by July 5, 2018.[1] Not signatures were filed.

See also

Footnotes