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HB1056
Signed by Governor Authored by Mark Dorazio (R) View at Source
Caption: Relating to the issuance of gold and silver specie and the establishment of a currency based on gold and silver; authorizing a fee. Initially Referred to House State Affairs Committee, chaired by a Republican Last Referred to Senate Finance Committee, chaired by a Republican This bill would cost taxpayers $13,845,000.00 over five years, according to the Legislative Budget Bureau.
JoAnn Fleming: "By supporting HB 1056 to passage, you can expand financial freedom to all Texans. Let's stop ignoring the US Constitution and do what is right or the people of Texas! See full statement."
HB 1056 establishes a framework for issuing a gold and silver-based currency in Texas through the state's bullion depository. The bill outlines the mechanisms for issuing, managing, and redeeming currency backed by gold and silver, with provisions for its use as legal tender and electronic transfer. It also authorizes the collection of fees to cover administrative costs.
Joint authors: Capriglione (R); Hunter (R) Co-authors: Alders (R); Allen (D); Bell, C. (R); Bell, K. (R); Bowers (D); Buckley (R); Bucy (D); Bumgarner (R); Cain (R); Campos (D); Cook (R); Cortez (D); Cunningham (R); Dean (R); DeAyala (R); Dyson (R); Flores (D); Frank (R); Garcia, J. (D); Gates (R); Gerdes (R); Gonzalez, M. (D); Guillen (R); Harris (R); Harris Davila (R); Harrison (R); Hayes (R); Hefner (R); Hernandez (D); Hickland (R); Holt (R); Hopper (R); Isaac (R); Jones, J. (D); Kerwin (R); Kitzman (R); LaHood (R); Leach (R); Leo Wilson (R); Little (R); Lopez, J. (R); Lopez, R. (D); Louderback (R); Lowe (R); Lozano (R); Lujan (R); Luther (R); Manuel (D); McLaughlin (R); Metcalf (R); Meza (D); Money (R); Moody (D); Morales Shaw (D); Morales, E. (D); Morgan (R); Munoz (D); Noble (R); Olcott (R); Oliverson (R); Ordaz (D); Orr (R); Patterson (R); Paul (R); Pierson (R); Raymond (D); Reynolds (D); Richardson (R); Schatzline (R); Schoolcraft (R); Shofner (R); Smithee (R); Spiller (R); Swanson (R); Talarico (D); Tepper (R); Tinderholt (R); Toth (R); Troxclair (R); Vasut (R); Villalobos (R); Virdell (R); Wharton (R) Sponsors: Hughes (R) Co-sponsors: A. Hinojosa (R); Middleton (R); Sparks (R)
(H) A. Hinojosa signed onto the bill as (H) Hughes signed onto the bill as (H) Middleton signed onto the bill as (H) Sparks signed onto the bill as
Nov 12, 2024
(H) Dorazio signed onto the bill as Author (H) Filed
Mar 7, 2025
(H) Read first time (H) Referred to the House State Affairs, chaired by a Republican
Mar 13, 2025
(H) Allen signed onto the bill as Coauthor (H) Bell, C. signed onto the bill as Coauthor (H) Bowers signed onto the bill as Coauthor (H) Buckley signed onto the bill as Coauthor (H) Bucy signed onto the bill as Coauthor (H) Bumgarner signed onto the bill as Coauthor (H) Cain signed onto the bill as Coauthor (H) Campos signed onto the bill as Coauthor (H) Cook signed onto the bill as Coauthor (H) Cortez signed onto the bill as Coauthor (H) Cunningham signed onto the bill as Coauthor (H) Dean signed onto the bill as Coauthor (H) DeAyala signed onto the bill as Coauthor (H) Flores signed onto the bill as Coauthor (H) Frank signed onto the bill as Coauthor (H) Garcia, J. signed onto the bill as Coauthor (H) Gates signed onto the bill as Coauthor (H) Gerdes signed onto the bill as Coauthor (H) Gonzalez, M. signed onto the bill as Coauthor (H) Guillen signed onto the bill as Coauthor (H) Harris signed onto the bill as Coauthor (H) Harris Davila signed onto the bill as Coauthor (H) Harrison signed onto the bill as Coauthor (H) Hayes signed onto the bill as Coauthor (H) Hefner signed onto the bill as Coauthor (H) Hernandez signed onto the bill as Coauthor (H) Hickland signed onto the bill as Coauthor (H) Holt signed onto the bill as Coauthor (H) Hopper signed onto the bill as Coauthor (H) Isaac signed onto the bill as Coauthor (H) Jones, J. signed onto the bill as Coauthor (H) Kerwin signed onto the bill as Coauthor (H) Kitzman signed onto the bill as Coauthor (H) LaHood signed onto the bill as Coauthor (H) Leach signed onto the bill as Coauthor (H) Leo Wilson signed onto the bill as Coauthor (H) Little signed onto the bill as Coauthor (H) Lopez, J. signed onto the bill as Coauthor (H) Lopez, R. signed onto the bill as Coauthor (H) Louderback signed onto the bill as Coauthor (H) Lowe signed onto the bill as Coauthor (H) Lozano signed onto the bill as Coauthor (H) Lujan signed onto the bill as Coauthor (H) Luther signed onto the bill as Coauthor (H) Manuel signed onto the bill as Coauthor (H) McLaughlin signed onto the bill as Coauthor (H) Meza signed onto the bill as Coauthor (H) Money signed onto the bill as Coauthor (H) Moody signed onto the bill as Coauthor (H) Morales, E. signed onto the bill as Coauthor (H) Morgan signed onto the bill as Coauthor (H) Munoz signed onto the bill as Coauthor (H) Noble signed onto the bill as Coauthor (H) Olcott signed onto the bill as Coauthor (H) Oliverson signed onto the bill as Coauthor (H) Ordaz signed onto the bill as Coauthor (H) Orr signed onto the bill as Coauthor (H) Patterson signed onto the bill as Coauthor (H) Paul signed onto the bill as Coauthor (H) Pierson signed onto the bill as Coauthor (H) Raymond signed onto the bill as Coauthor (H) Reynolds signed onto the bill as Coauthor (H) Richardson signed onto the bill as Coauthor (H) Schatzline signed onto the bill as Coauthor (H) Schoolcraft signed onto the bill as Coauthor (H) Shofner signed onto the bill as Coauthor (H) Smithee signed onto the bill as Coauthor (H) Spiller signed onto the bill as Coauthor (H) Swanson signed onto the bill as Coauthor (H) Talarico signed onto the bill as Coauthor (H) Tepper signed onto the bill as Coauthor (H) Tinderholt signed onto the bill as Coauthor (H) Toth signed onto the bill as Coauthor (H) Troxclair signed onto the bill as Coauthor (H) Vasut signed onto the bill as Coauthor (H) Virdell signed onto the bill as Coauthor (H) Wharton signed onto the bill as Coauthor (H) Capriglione signed onto the bill as Joint Author (H) Hunter signed onto the bill as Joint Author
Mar 26, 2025
(H) Bell, K. signed onto the bill as Coauthor (H) Scheduled for public hearing on . . . (H) Considered in public hearing (H) Testimony taken/registration(s) recorded in committee (H) Left pending in committee
Mar 27, 2025
(H) Metcalf signed onto the bill as Coauthor (H) Morales Shaw signed onto the bill as Coauthor
Apr 16, 2025
(H) Alders signed onto the bill as Coauthor (H) House State Affairs met. (H) Considered in formal meeting (H) Reported favorably w/o amendment(s)
Apr 23, 2025
(H) Comte report filed with Committee Coordinator (H) Committee report distributed
Apr 25, 2025
(H) Committee report sent to Calendars
Apr 28, 2025
(H) Considered in Calendars
Apr 30, 2025
(H) Placed on General State Calendar
May 1, 2025
(H) Dyson signed onto the bill as Coauthor (H) Villalobos signed onto the bill as Coauthor (H) Read 2nd time (H) Point of order withdrawn (H) A Republican amendment (No. 1) from Dorazio was offered. (H) Point of order withdrawn (H) A Republican amendment (No. 1) from Dorazio amended the bill. (H) Point of order withdrawn (H) A Republican amendment (No. 2) from Geren amended the bill. (H) Record vote
RV#1170: Yea 106 (R 53, D 53) - Nay 29 (R 26, D 3) View Source
Please note: the following statements by legislators do not affect the vote count that was recorded.
Cody Vasut: "When Record No. 4060 was taken, I was presiding in the chair and was shown voting present, not voting. I intended to vote yes." (view other statements of vote for this Rep)
You can view which lawmakers have received money from a specific PAC by selecting the PAC from the list below:
(H) Text of Senate Amendment(s) (S) House concurs in Senate amendment(s)-reported (H) Reported enrolled
May 31, 2025
(H) Signed in the House
Jun 1, 2025
(S) Signed in the Senate (E) Sent to the Governor
Lobbying Against/For/On This Bill
Against
(Wed 5/14/2025) Testifying before S Finance as Celeste Embrey for Texas Bankers Association (Wed 5/14/2025) Testifying before S Finance as Christopher Williston for Independent Bankers Association of Texas (IBAT) (Wed 5/14/2025) Testifying before S Finance as David Courreges for self (Wed 5/14/2025) Registering before S Finance as Brian Yarbrough for JPMorgan Chase Holdings, LLC (Wed 3/26/2025) Registering before H State Affairs as Celeste Embrey for Texas Bankers Association (Wed 3/26/2025) Registering before H State Affairs as Emily Kirchner for Texas Regional Bank (Wed 3/26/2025) Registering before H State Affairs as Jeremy Cordon for self (with Goldback INC) (Wed 5/14/2025) Registering before S Finance as Jessica Karlsruher for Texas Credit Union Association (Wed 3/26/2025) Registering before H State Affairs as Michael Chazulle for self (Wed 5/14/2025) Registering before S Finance as Stephen Raines for Texas Credit Union Association (Wed 3/26/2025) Registering before H State Affairs as Wendy Foster for Independent Bankers Association of Texas (IBAT)
For
(Wed 3/26/2025) Testifying before H State Affairs as Adam Cahn for self (Wed 5/14/2025) Testifying before S Finance as Ari Cenin for Stone Hilton PLLL (Wed 3/26/2025) Testifying before H State Affairs as Chris Byrd for self (Wed 5/14/2025) Testifying before S Finance as Chuck DeVore for Texas Public Policy Foundation (TPPF) (Wed 3/26/2025) Testifying before H State Affairs as Cindi Castilla for self (with Texas Eagle Forum) (Wed 5/14/2025) Testifying before S Finance as Cindi Castilla for self (with Texas Eagle Forum) (Wed 3/26/2025) Testifying before H State Affairs as David Carter for self (Wed 5/14/2025) Testifying before S Finance as George Pond for self (Wed 3/26/2025) Testifying before H State Affairs as George Vachris for self (Wed 3/26/2025) Testifying before H State Affairs as Jason Cozens for self (Wed 3/26/2025) Testifying before H State Affairs as Jerry Mikus for self (Wed 5/14/2025) Testifying before S Finance as Jerry Mikus Jr. for (Wed 3/26/2025) Testifying before H State Affairs as Joe Gebbia for self (Wed 3/26/2025) Testifying before H State Affairs as JOHN BOLGIANO for self (Wed 5/14/2025) Testifying before S Finance as John Bolgiano for self (Wed 3/26/2025) Testifying before H State Affairs as Kevin Freeman for self (Wed 5/14/2025) Testifying before S Finance as Kevin Freeman for self (Wed 3/26/2025) Testifying before H State Affairs as Larry Hilton for self (with UPMA) (Wed 3/26/2025) Testifying before H State Affairs as Liz Case Pickens for self (Wed 3/26/2025) Testifying before H State Affairs as Mark Meckler for self (Wed 3/26/2025) Testifying before H State Affairs as Mike Carter for self (Wed 5/14/2025) Testifying before S Finance as Mike Carter for self (Wed 3/26/2025) Testifying before H State Affairs as Robert Canright for self (with Texas Eagle Forum) (Wed 5/14/2025) Testifying before S Finance as Tom Glass for Texas Constitutional Enforcement (Wed 3/26/2025) Testifying before H State Affairs as Tom Glass for self (with Texas Constitutional Enforcement) (Wed 3/26/2025) Testifying before H State Affairs as Troy Jones Jr for self (Wed 3/26/2025) Registering before H State Affairs as Anita Scott for self (Wed 3/26/2025) Registering before H State Affairs as Brita Treat for self (with Convention of states) (Wed 3/26/2025) Registering before H State Affairs as Claudia Kleefeld for self (Wed 3/26/2025) Registering before H State Affairs as Darren Ferguson for self (Wed 3/26/2025) Registering before H State Affairs as Erika Hatfield for self (with Convention of States) (Wed 3/26/2025) Registering before H State Affairs as George Pond for self (Wed 3/26/2025) Registering before H State Affairs as Henry Bohnert for self (Wed 3/26/2025) Registering before H State Affairs as James Ward for self (Wed 3/26/2025) Registering before H State Affairs as Joanne Martin for self (Wed 3/26/2025) Registering before H State Affairs as John Beckmeyer for self (Wed 3/26/2025) Registering before H State Affairs as Jose Melendez for Texas Public Policy Foundation (TPPF) (Wed 3/26/2025) Registering before H State Affairs as Mark Treat for self (Wed 3/26/2025) Registering before H State Affairs as Michael Deffendall for self (Wed 3/26/2025) Registering before H State Affairs as Mike Knuffke for self (with San Antonio Family Association) (Wed 3/26/2025) Registering before H State Affairs as Patrick Von Dohlen for self (Wed 3/26/2025) Registering before H State Affairs as Thomas Parkinson for self (Wed 5/14/2025) Registering before S Finance as Thomas Parkinson for self
On
(Wed 5/14/2025) Testifying before S Finance as Kim Coleman for Goldbach, Inc. (Wed 5/14/2025) Testifying before S Finance as Macy Douglas for Texas Comptroller of Public Accounts (Wed 3/26/2025) Testifying before H State Affairs as Victoria North for Texas Comptroller of Public Accounts (Wed 5/14/2025) Testifying before S Finance as Victoria North for Texas Comptroller of Public Accounts (Wed 3/26/2025) Registering before H State Affairs as Jeremy Cordon for self (with Goldback INC) (Wed 3/26/2025) Registering before H State Affairs as Macy Douglas for Texas Comptroller of Public Accounts (Wed 3/26/2025) Registering before H State Affairs as Michael Chazulle for self (Wed 5/14/2025) Registering before S Finance as Steven Deline for self (Wed 5/14/2025) Registering before S Finance as William Cole for Office of the Attorney General
