Members of the North Dakota Legislative Assembly are seeking to enact legislation helping restore sound money and enforce the U.S. Constitution’s monetary provisions.
House Bill No. 1441 (HB 1441) is sponsored by Representative Nathan Toman (R-Mandan) and co-sponsored by five other representatives and seven senators.
If enacted, HB 1441 would officially recognize gold and silver specie as legal tender in North Dakota. Additionally, it would exclude a central bank digital currency from the state’s definition of money under the Uniform Commercial Code, a major step toward push back against such a scheme.
HB 1441 is a good first step toward enforcing the Constitution’s monetary provisions. Article I, Section 10, of the U.S. Constitution plainly states that “No State shall … make any Thing but gold and silver Coin a Tender in Payment of Debts.” It’s long overdue that states begin to enforce this provision once again.
Additionally, this bill is an important step toward nullifying the unconstitutional Federal Reserve, which has a monopoly on money, and also reducing North Dakota’s financial dependence on the federal government. It will also help Alaska avoid the federal government’s planned “Central Bank Digital Currencies,” which severely threaten privacy and individual freedom.
Article VI of the U.S. Constitution obligates state officials to uphold the Constitution and nullify all laws not “made in Pursuance” of it. Officials at all levels of government must push back against the federal government’s many unconstitutional laws and agencies, and robustly enforce the Constitution and only those laws “made in Pursuance thereof.” HB 1441 is an excellent model for other states to follow.
Urge your state representative and senator to support HB 1441 and to fully restore sound money in North Dakota.