Virginia’s House of Delegates passed a bill this week to set up a committee that would consider whether the state should mint its own currency, based on a gold or silver standard.
ABC News reports:
The lower chamber passed a bill Monday to study the possibility. The legislation, proposed by Manassas Republican Del. Robert Marshall, would create a new joint subcommittee made up of lawmakers, plus two outside experts, to “study the feasibility of a metallic-based monetary unit.”
The committee could spend up to $17,440 and would present its recommendations before the legislative session starts in 2014.