FIRSTREGULARSESSION
HOUSEBILLNO.433
103RDGENERALASSEMBLY
INTRODUCEDBYREPRESENTATIVEHARDWICK.
1527H.01I DANARADEMANMILLER,ChiefClerk
ANACT
Torepealsections143.121and408.010,RSMo,andtoenactinlieuthereoftwonewsections
relatingtothesolepurposeofregulatingthetreatmentanduseofgoldandsilver.
BeitenactedbytheGeneralAssemblyofthestateofMissouri,asfollows:
SectionA.Sections143.121and408.010,RSMo,arerepealedandtwonewsections
2enactedinlieuthereof,tobeknownassections143.121and408.010,toreadasfollows:
143.121.1.TheMissouriadjustedgrossincomeofaresidentindividualshallbethe
2taxpayer'sfederaladjustedgrossincomesubjecttothemodificationsinthissection.
3 2.Thereshallbeaddedtothetaxpayer'sfederaladjustedgrossincome:
4 (1)Theamountofanyfederalincometaxrefundreceivedforaprioryearwhich
5resultedinaMissouriincometaxbenefit.Theamountaddedpursuanttothissubdivision
6shallnotincludeanyamountofafederalincometaxrefundattributabletoataxcredit
7reducingataxpayer'sfederaltaxliabilitypursuanttoPublicLaw116-136or116-260,enacted
8bythe116thUnitedStatesCongress,forthetaxyearbeginningonorafterJanuary1,2020,
9andendingonorbeforeDecember31,2020,anddeductedfromMissouriadjustedgross
10incomepursuanttosection143.171.Theamountaddedunderthissubdivisionshallalsonot
11includeanyamountofafederalincometaxrefundattributabletoataxcreditreducinga
12taxpayer'sfederaltaxliabilityunderanyotherfederallawthatprovidesdirecteconomic
13impactpaymentstotaxpayerstomitigatefinancialchallengesrelatedtotheCOVID-19
14pandemic,anddeductedfromMissouriadjustedgrossincomeundersection143.171;
15 (2)Interestoncertaingovernmentalobligationsexcludedfromfederalgrossincome
16by26U.S.C.Section103oftheInternalRevenueCode,asamended.Theprevioussentence
17shallnotapplytointerestonobligationsofthestateofMissourioranyofitspolitical
EXPLANATION—Matterenclosedinbold-facedbrackets[thus] intheabovebillisnotenactedandis
intendedtobeomittedfromthelaw.Matterinbold-facetypeintheabovebillisproposedlanguage. 18subdivisionsorauthoritiesandshallnotapplytotheinterestdescribedinsubdivision(1)of
19subsection3ofthissection.Theamountaddedpursuanttothissubdivisionshallbereduced
20bytheamountsapplicabletosuchinterestthatwouldhavebeendeductibleincomputingthe
21taxableincomeofthetaxpayerexceptonlyfortheapplicationof26U.S.C.Section265ofthe
22InternalRevenueCode,asamended.Thereductionshallonlybemadeifitisatleastfive
23hundreddollars;
24 (3)Theamountofanydeductionthatisincludedinthecomputationoffederal
25taxableincomepursuantto26U.S.C.Section168oftheInternalRevenueCodeasamended
26bytheJobCreationandWorkerAssistanceActof2002totheextenttheamountdeducted
27relatestopropertypurchasedonorafterJuly1,2002,butbeforeJuly1,2003,andtothe
28extenttheamountdeductedexceedstheamountthatwouldhavebeendeductiblepursuantto
2926U.S.C.Section168oftheInternalRevenueCodeof1986asineffectonJanuary1,2002;
30 (4)Theamountofanydeductionthatisincludedinthecomputationoffederal
31taxableincomefornetoperatinglossallowedby26U.S.C.Section172oftheInternal
32RevenueCodeof1986,asamended,otherthanthedeductionallowedby26U.S.C.Section
33172(b)(1)(G)and26U.S.C.Section172(i)oftheInternalRevenueCodeof1986,as
34amended,foranetoperatinglossthetaxpayerclaimsinthetaxyearinwhichthenet
35operatinglossoccurredorcarriesforwardforaperiodofmorethantwentyyearsandcarries
36backwardformorethantwoyears.Anyamountofnetoperatinglosstakenagainstfederal
37taxableincomebutdisallowedforMissouriincometaxpurposespursuanttothissubdivision
38afterJune18,2002,maybecarriedforwardandtakenagainstanyincomeontheMissouri
39incometaxreturnforaperiodofnotmorethantwentyyearsfromtheyearoftheinitialloss;
40and
41 (5)FornonresidentindividualsinalltaxableyearsendingonorafterDecember31,
422006,theamountofanypropertytaxespaidtoanotherstateorapoliticalsubdivisionof
43anotherstateforwhichadeductionwasallowedonsuchnonresident'sfederalreturninthe
44taxableyearunlesssuchstate,politicalsubdivisionofastate,ortheDistrictofColumbia
45allowsasubtractionfromincomeforpropertytaxespaidtothisstateforpurposesof
46calculatingincomefortheincometaxforsuchstate,politicalsubdivisionofastate,orthe
47DistrictofColumbia;
48 (6)ForalltaxyearsbeginningonorafterJanuary1,2018,anyinterestexpensepaid
49oraccruedinaprevioustaxableyear,butallowedasadeductionunder26U.S.C.Section
50163,asamended,inthecurrenttaxableyearbyreasonofthecarryforwardofdisallowed
51businessinterestprovisionsof26U.S.C.Section163(j),asamended.Forthepurposesofthis
52subdivision,aninterestexpenseisconsideredpaidoraccruedonlyinthefirsttaxableyearthe
53deductionwouldhavebeenallowableunder26U.S.C.Section163,asamended,ifthe
54limitationunder26U.S.C.Section163(j),asamended,didnotexist.
HB433 2 55 3.Thereshallbesubtractedfromthetaxpayer'sfederaladjustedgrossincomethe
56followingamountstotheextentincludedinfederaladjustedgrossincome:
57 (1)Interestreceivedondepositsheldatafederalreservebankorinterestordividends
58onobligationsoftheUnitedStatesanditsterritoriesandpossessionsorofanyauthority,
59commissionorinstrumentalityoftheUnitedStatestotheextentexemptfromMissouri
60incometaxespursuanttothelawsoftheUnitedStates.Theamountsubtractedpursuantto
61thissubdivisionshallbereducedbyanyinterestonindebtednessincurredtocarrythe
62describedobligationsorsecuritiesandbyanyexpensesincurredintheproductionofinterest
63ordividendincomedescribedinthissubdivision.Thereductionintheprevioussentence
64shallonlyapplytotheextentthatsuchexpensesincludingamortizablebondpremiumsare
65deductedindeterminingthetaxpayer'sfederaladjustedgrossincomeorincludedinthe
66taxpayer'sMissouriitemizeddeduction.Thereductionshallonlybemadeiftheexpenses
67totalatleastfivehundreddollars;
68 (2)Theportionofanygain,fromthesaleorotherdispositionofpropertyhavinga
69higheradjustedbasistothetaxpayerforMissouriincometaxpurposesthanforfederal
70incometaxpurposesonDecember31,1972,thatdoesnotexceedsuchdifferenceinbasis.If
71againisconsideredalong-termcapitalgainforfederalincometaxpurposes,themodification
72shallbelimitedtoone-halfofsuchportionofthegain;
73 (3)Theamountnecessarytopreventthetaxationpursuanttothischapterofany
74annuityorotheramountofincomeorgainwhichwasproperlyincludedinincomeorgainand
75wastaxedpursuanttothelawsofMissouriforataxableyearpriortoJanuary1,1973,tothe
76taxpayer,ortoadecedentbyreasonofwhosedeaththetaxpayeracquiredtherighttoreceive
77theincomeorgain,ortoatrustorestatefromwhichthetaxpayerreceivedtheincomeor
78gain;
79 (4)Accumulationdistributionsreceivedbyataxpayerasabeneficiaryofatrusttothe
80extentthatthesameareincludedinfederaladjustedgrossincome;
81 (5)Theamountofanystateincometaxrefundforaprioryearwhichwasincludedin
82thefederaladjustedgrossincome;
83 (6)Theportionofcapitalgainspecifiedinsection135.357thatwouldotherwisebe
84includedinfederaladjustedgrossincome;
85 (7)Theamountthatwouldhavebeendeductedinthecomputationoffederaltaxable
86incomepursuantto26U.S.C.Section168oftheInternalRevenueCodeasineffecton
87January1,2002,totheextentthatamountrelatestopropertypurchasedonorafterJuly1,
882002,butbeforeJuly1,2003,andtotheextentthatamountexceedstheamountactually
89deductedpursuantto26U.S.C.Section168oftheInternalRevenueCodeasamendedbythe
90JobCreationandWorkerAssistanceActof2002;
HB433 3 91 (8)ForalltaxyearsbeginningonorafterJanuary1,2005,theamountofanyincome
92receivedformilitaryservicewhilethetaxpayerservesinacombatzonewhichisincludedin
93federaladjustedgrossincomeandnototherwiseexcludedtherefrom.Asusedinthissection,
94"combatzone"meansanyareawhichthePresidentoftheUnitedStatesbyExecutiveOrder
95designatesasanareainwhichArmedForcesoftheUnitedStatesareorhaveengagedin
96combat.Serviceisperformedinacombatzoneonlyifperformedonorafterthedate
97designatedbythePresidentbyExecutiveOrderasthedateofthecommencingofcombat
98activitiesinsuchzone,andonorbeforethedatedesignatedbythePresidentbyExecutive
99Orderasthedateoftheterminationofcombatantactivitiesinsuchzone;
100 (9)ForalltaxyearsendingonorafterJuly1,2002,withrespecttoqualifiedproperty
101thatissoldorotherwisedisposedofduringataxableyearbyataxpayerandforwhichan
102additionalmodificationwasmadeundersubdivision(3)ofsubsection2ofthissection,the
103amountbywhichadditionalmodificationmadeundersubdivision(3)ofsubsection2ofthis
104sectiononqualifiedpropertyhasnotbeenrecoveredthroughtheadditionalsubtractions
105providedinsubdivision(7)ofthissubsection;
106 (10)ForalltaxyearsbeginningonorafterJanuary1,2014,theamountofany
107incomereceivedaspaymentfromanyprogramwhichprovidescompensationtoagricultural
108producerswhohavesufferedalossastheresultofadisasteroremergency,includingthe:
109 (a)LivestockForageDisasterProgram;
110 (b)LivestockIndemnityProgram;
111 (c)EmergencyAssistanceforLivestock,Honeybees,andFarm-RaisedFish;
112 (d)EmergencyConservationProgram;
113 (e)NoninsuredCropDisasterAssistanceProgram;
114 (f)Pasture,Rangeland,ForagePilotInsuranceProgram;
115 (g)AnnualForagePilotProgram;
116 (h)LivestockRiskProtectionInsurancePlan;
117 (i)LivestockGrossMarginInsurancePlan;
118 (11)ForalltaxyearsbeginningonorafterJanuary1,2018,anyinterestexpensepaid
119oraccruedinthecurrenttaxableyear,butnotdeductedasaresultofthelimitationimposed
120under26U.S.C.Section163(j),asamended.Forthepurposesofthissubdivision,aninterest
121expenseisconsideredpaidoraccruedonlyinthefirsttaxableyearthedeductionwouldhave
122beenallowableunder26U.S.C.Section163,asamended,ifthelimitationunder26U.S.C.
123Section163(j),asamended,didnotexist;
124 (12)Onehundredpercentofanyretirementbenefitsreceivedbyanytaxpayerasa
125resultofthetaxpayer'sserviceintheArmedForcesoftheUnitedStates,includingreserve
126componentsandtheNationalGuardofthisstate,asdefinedin32U.S.C.Sections101(3)and
127109,andanyothermilitaryforceorganizedunderthelawsofthisstate;[and]
HB433 4 128 (13)ForalltaxyearsbeginningonorafterJanuary1,2022,onehundredpercentof
129anyfederal,state,orlocalgrantmoneysreceivedbythetaxpayerifthegrantmoneywas
130disbursedfortheexpresspurposeofprovidingorexpandingaccesstobroadbandinternetto
131areasofthestatedeemedtobelackingsuchaccess; and
132 (14)ForalltaxyearsbeginningonorafterJanuary1,2026,theportionof
133capitalgainsonthesaleorexchangeofspecie,asthattermisdefinedinsection408.010,
134thatareotherwiseincludedinthetaxpayer'sfederaladjustedgrossincome.
135 4.Thereshallbeaddedtoorsubtractedfromthetaxpayer'sfederaladjustedgross
136incomethetaxpayer'sshareoftheMissourifiduciaryadjustmentprovidedinsection143.351.
137 5.Thereshallbeaddedtoorsubtractedfromthetaxpayer'sfederaladjustedgross
138incomethemodificationsprovidedinsection143.411.
139 6.Inadditiontothemodificationstoataxpayer'sfederaladjustedgrossincomeinthis
140section,tocalculateMissouriadjustedgrossincomethereshallbesubtractedfromthe
141taxpayer'sfederaladjustedgrossincomeanygainrecognizedpursuantto26U.S.C.Section
1421033oftheInternalRevenueCodeof1986,asamended,arisingfromcompulsoryor
143involuntaryconversionofpropertyasaresultofcondemnationortheimminencethereof.
144 7.(1)Asusedinthissubsection,"qualifiedhealthinsurancepremium"meansthe
145amountpaidduringthetaxyearbysuchtaxpayerforanyinsurancepolicyprimarily
146providinghealthcarecoverageforthetaxpayer,thetaxpayer'sspouse,orthetaxpayer's
147dependents.
148 (2)Inadditiontothesubtractionsinsubsection3ofthissection,onehundredpercent
149oftheamountofqualifiedhealthinsurancepremiumsshallbesubtractedfromthetaxpayer's
150federaladjustedgrossincometotheextenttheamountpaidforsuchpremiumsisincludedin
151federaltaxableincome.Thetaxpayershallprovidethedepartmentofrevenuewithproofof
152theamountofqualifiedhealthinsurancepremiumspaid.
153 8.(1)BeginningJanuary1,2014,inadditiontothesubtractionsprovidedinthis
154section,onehundredpercentofthecostincurredbyataxpayerforahomeenergyaudit
155conductedbyanentitycertifiedbythedepartmentofnaturalresourcesundersection640.153
156ortheimplementationofanyenergyefficiencyrecommendationsmadeinsuchanauditshall
157besubtractedfromthetaxpayer'sfederaladjustedgrossincometotheextenttheamountpaid
158foranysuchactivityisincludedinfederaltaxableincome.Thetaxpayershallprovidethe
159departmentofrevenuewithasummaryofanyrecommendationsmadeinaqualifiedhome
160energyaudit,thenameandcertificationnumberofthequalifiedhomeenergyauditorwho
161conductedtheaudit,andproofoftheamountpaidforanyactivitiesunderthissubsectionfor
162whichadeductionisclaimed.Thetaxpayershallalsoprovideacopyofthesummaryofany
163recommendationsmadeinaqualifiedhomeenergyaudittothedepartmentofnatural
164resources.
HB433 5 165 (2)Atnotimeshalladeductionclaimedunderthissubsectionbyanindividual
166taxpayerortaxpayersfilingcombinedreturnsexceedonethousanddollarsperyearfor
167individualtaxpayersorcumulativelyexceedtwothousanddollarsperyearfortaxpayers
168filingcombinedreturns.
169 (3)Anydeductionclaimedunderthissubsectionshallbeclaimedforthetaxyearin
170whichthequalifiedhomeenergyauditwasconductedorinwhichtheimplementationofthe
171energyefficiencyrecommendationsoccurred.Ifimplementationoftheenergyefficiency
172recommendationsoccurredduringmorethanoneyear,thedeductionmaybeclaimedinmore
173thanoneyear,subjecttothelimitationsprovidedundersubdivision(2)ofthissubsection.
174 (4)Adeductionshallnotbeclaimedforanyotherwiseeligibleactivityunderthis
175subsectionifsuchactivityqualifiedforandreceivedanyrebateorotherincentivethrougha
176state-sponsoredenergyprogramorthroughanelectriccorporation,gascorporation,electric
177cooperative,ormunicipallyownedutility.
178 9.Theprovisionsofsubsection8ofthissectionshallexpireonDecember31,2020.
179 10.(1)Asusedinthissubsection,thefollowingtermsmean:
180 (a)"Beginningfarmer",ataxpayerwho:
181 a.HasfiledatleastonebutnotmorethantenInternalRevenueServiceScheduleF
182(Form1040)ProfitorLossFromFarmingformssinceturningeighteenyearsofage;
183 b.IsapprovedforabeginningfarmerloanthroughtheUSDAFarmServiceAgency
184BeginningFarmerdirectorguaranteedloanprogram;
185 c.Hasafarmingoperationthatisdeterminedbythedepartmentofagriculturetobe
186newproductionagriculturebutistheprincipaloperatorofafarmandhassubstantialfarming
187knowledge;or
188 d.Hasbeendeterminedbythedepartmentofagriculturetobeaqualifiedfamily
189member;
190 (b)"Farmowner",anindividualwhoownsfarmlandanddisposesoforrelinquishes
191useofallorsomeportionofsuchfarmlandasfollows:
192 a.Asaletoabeginningfarmer;
193 b.Aleaseorrentalagreementnotexceedingtenyearswithabeginningfarmer;or
194 c.Acrop-sharearrangementnotexceedingtenyearswithabeginningfarmer;
195 (c)"Qualifiedfamilymember",anindividualwhoisrelatedtoafarmownerwithin
196thefourthdegreebyblood,marriage,oradoptionandwhoispurchasingorleasingorisina
197crop-sharearrangementforlandfromalloraportionofsuchfarmowner'sfarmingoperation.
198 (2)(a)Inadditiontoallothersubtractionsauthorizedinthissection,ataxpayerwho
199isafarmownerwhosellsalloraportionofsuchfarmlandtoabeginningfarmermaysubtract
200fromsuchtaxpayer'sMissouriadjustedgrossincomeanamounttotheextentincludedin
201federaladjustedgrossincomeasprovidedinthissubdivision.
HB433 6 202 (b)Subjecttothelimitationsinparagraph(c)ofthissubdivision,theamountthatmay
203besubtractedshallbeequaltotheportionofcapitalgainsreceivedfromthesaleofsuch
204farmlandthatsuchtaxpayerreceivesinthetaxyearforwhichsuchtaxpayersubtractssuch
205capitalgain.
206 (c)Ataxpayermaysubtractthefollowingamountsandpercentagespertaxyearin
207totalcapitalgainsreceivedfromthesaleofsuchfarmlandunderthissubdivision:
208 a.Forthefirsttwomilliondollarsreceived,onehundredpercent;
209 b.Forthenextonemilliondollarsreceived,eightypercent;
210 c.Forthenextonemilliondollarsreceived,sixtypercent;
211 d.Forthenextonemilliondollarsreceived,fortypercent;and
212 e.Forthenextonemilliondollarsreceived,twentypercent.
213 (d)Thedepartmentofrevenueshallprepareanannualreportreviewingthecostsand
214benefitsandcontainingstatisticalinformationregardingthesubtractionofcapitalgains
215authorizedunderthissubdivisionfortheprevioustaxyearincluding,butnotlimitedto,the
216totalamountofallcapitalgainssubtractedandthenumberoftaxpayerssubtractingsuch
217capitalgains.SuchreportshallbesubmittedbeforeFebruaryfirstofeachyeartothe
218committeeonagriculturepolicyoftheMissourihouseofrepresentativesandthecommittee
219onagriculture,foodproductionandoutdoorresourcesoftheMissourisenate,orthesuccessor
220committees.
221 (3)(a)Inadditiontoallothersubtractionsauthorizedinthissection,ataxpayerwho
222isafarmownerwhoentersaleaseorrentalagreementforalloraportionofsuchfarmland
223withabeginningfarmermaysubtractfromsuchtaxpayer'sMissouriadjustedgrossincomean
224amounttotheextentincludedinfederaladjustedgrossincomeasprovidedinthis
225subdivision.
226 (b)Subjecttothelimitationinparagraph(c)ofthissubdivision,theamountthatmay
227besubtractedshallbeequaltotheportionofcashrentincomereceivedfromtheleaseor
228rentalofsuchfarmlandthatsuchtaxpayerreceivesinthetaxyearforwhichsuchtaxpayer
229subtractssuchincome.
230 (c)Notaxpayershallsubtractmorethantwenty-fivethousanddollarspertaxyearin
231totalcashrentincomereceivedfromtheleaseorrentalofsuchfarmlandunderthis
232subdivision.
233 (4)(a)Inadditiontoallothersubtractionsauthorizedinthissection,ataxpayerwho
234isafarmownerwhoentersacrop-sharearrangementonalloraportionofsuchfarmlandwith
235abeginningfarmermaysubtractfromsuchtaxpayer'sMissouriadjustedgrossincomean
236amounttotheextentincludedinfederaladjustedgrossincomeasprovidedinthis
237subdivision.
HB433 7 238 (b)Subjecttothelimitationinparagraph(c)ofthissubdivision,theamountthatmay
239besubtractedshallbeequaltotheportionofincomereceivedfromthecrop-share
240arrangementonsuchfarmlandthatsuchtaxpayerreceivesinthetaxyearforwhichsuch
241taxpayersubtractssuchincome.
242 (c)Notaxpayershallsubtractmorethantwenty-fivethousanddollarspertaxyearin
243totalincomereceivedfromtheleaseorrentalofsuchfarmlandunderthissubdivision.
244 (5)Thedepartmentofagricultureshall,byrule,establishaprocesstoverifythata
245taxpayerisabeginningfarmerforpurposesofthissectionandshallprovideverificationto
246thebeginningfarmerandfarmsellerofsuchfarmer'sandseller'scertificationand
247qualificationfortheexemptionprovidedinthissubsection.
408.010.[ThesilvercoinsoftheUnitedStatesareherebydeclareda]1.This
2sectionshallbeknownandmaybecitedasthe"ConstitutionalMoneyAct".
3 2.Specielegaltenderandelectroniccurrencyshallbeacceptedaslegaltender[, at
4theirparvalue,fixedbythelawsoftheUnitedStates,andshallbereceivablein]forpayment
5ofallpublicdebts[, publicorprivate,] hereaftercontractedinthestateofMissouri[;
6provided,however,thatnopersonshallhavetherighttopay,uponanyonedebt,dimesand
7halfdimestoanamountexceedingtendollars,oroftwentyandtwenty-fivecentpieces
8exceedingtwentydollars] andmaybeacceptedaspaymentforallprivatedebtshereafter
9contractedinthestateofMissouri,inthediscretionofthereceivingentity.
10 3.Thedirectorofthedepartmentofrevenueshallpromulgaterulesonthe
11methodsofacceptanceofspecielegaltenderaspaymentforanydebt,tax,fee,or
12obligationowed.Costsincurredinthecourseofverificationoftheweightandpurityof
13anyspecielegaltenderorelectroniccurrencyduringanysuchtransactionshallbe
14bornebythereceivingentity.Anyruleorportionofarule,asthattermisdefinedin
15section536.010,thatiscreatedundertheauthoritydelegatedinthissubsectionshall
16becomeeffectiveonlyifitcomplieswithandissubjecttoalloftheprovisionsofchapter
17536and,ifapplicable,section536.028.Thissubsectionandchapter536are
18nonseverableandifanyofthepowersvestedwiththegeneralassemblypursuantto
19chapter536toreview,todelaytheeffectivedate,ortodisapproveandannularuleare
20subsequentlyheldunconstitutional,thenthegrantofrulemakingauthorityandanyrule
21proposedoradoptedafterAugust28,2025,shallbeinvalidandvoid.
22 4.Exceptasexpresslyprovidedbycontract,nopersonorentityshallberequired
23tousespecielegaltenderorelectroniccurrencyinthepaymentofanydebtandnothing
24inthissectionshallprohibittheuseoffederalreservenotesinthepaymentofanydebt.
25 5.Anyentitydoingbusinessinthisstatemay,ifrequestedbyanemployee,pay
26compensationtosuchemployee,infullorinpart,inthedollarequivalentspecielegal
27tendereitherinphysicalorinelectronictransferform.Anyentitychoosingto
HB433 8 28compensateitsemployeesinspecielegaltendershallberesponsibleforverifyingthe
29weightandpurityofanyphysicalspecielegaltenderbeforecompensatingemployees.
30 6.UndernocircumstanceshallthestateofMissourioranydepartment,agency,
31court,politicalsubdivision,orinstrumentalitythereof:
32 (1)Seizefromanypersonanyspecielegaltenderorelectroniccurrencythatis
33ownedbysuchperson,exceptasotherwiseprovidedinsection513.607.Anyperson
34whosespecielegaltenderorelectroniccurrencyisseizedinviolationofthissubdivision
35shallhaveacauseofactioninacourtofcompetentjurisdiction,withanysuchsuccessful
36actionresultingintheawardofattorney'sfees;
37 (2)Enforceorattempttoenforceanyfederalacts,laws,executiveorders,
38administrativeorders,rules,regulations,statutes,orordinancesinfringingontheright
39ofapersontokeepandusespecielegaltenderandelectroniccurrencyasprovidedin
40thissection;
41 (3)Restrictinanywaytheabilityofapersonorfinancialinstitutiontoacquire
42specielegaltenderorelectroniccurrencyorusespecielegaltenderorelectronic
43currencyintransactions;or
44 (4)Enactanylawdiscriminatingorfavoringonemeansoflegaltenderinthe
45courseofatransactionoveranothermeansoflegaltender.
46 7.Forpurposesofthissection,thefollowingtermsmean:
47 (1)"Bullion",refinedpreciousmetal,limitedtogoldandsilveronly,inany
48shapeorform,withuniformcontentandpurity,including,butnotlimitedto,coins,
49rounds,bars,ingots,andanyotherproducts,thatare:
50 (a)Stampedorimprintedwiththeweightandpurityofthepreciousmetalthatit
51contains;and
52 (b)Valuedprimarilybasedonitsmetalcontentandnotonitsformand
53function;
54 (2)"Electroniccurrency",arepresentationofactualgoldandsilver,specie,and
55bullionheldinadepositoryaccount,whichmaybetransferredbyelectronicinstruction.
56Suchrepresentationshallreflecttheexactunitofphysicalspecieorgoldandsilver
57bullioninthedepositoryaccountinitsfractionaltroyouncemeasurementasprovided
58inthissection;
59 (3)"Legaltender",arecognizedmediumofexchangeforthepaymentofdebts,
60publiccharges,taxes,orduesthatis:
61 (a)AuthorizedbytheUnitedStatesCongresspursuanttoArticleI,Section8of
62theConstitutionoftheUnitedStates;or
63 (b)AuthorizedbyMissourilawpursuanttoArticleI,Section10ofthe
64ConstitutionoftheUnitedStates;
HB433 9 65 (4)"Preciousmetal",goldorsilver;
66 (5)"Specie",bullionfabricatedintoproductsofuniformshape,size,design,
67content,weight,andpuritythataresuitablefororcustomarilyusedascurrency,asa
68mediumofexchange,orasthemediumforpurchase,sale,storage,transfer,ordelivery
69ofpreciousmetalsinretailorwholesaletransactions;
70 (6)"Specielegaltender",includesanyofthefollowing:
71 (a)Speciecoinissuedbythefederalgovernmentatanytime;and
72 (b)Anyotherspecie,providedsuchspeciedoesnotcontainanyinsignia,
73symbols,orotherrecognizablelogosoftheNaziParty.
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HB433 10