Virginia's Gold Standard: House Passes Alternative Currency Study Funding
The Virginia House voted to fund a study about whether to establish a metallic-based alternative currency for Virginia in the event that the U.S. dollar collapses.
A measure to study setting up an alternative metallic-based currency for Virginia is now in front of the state Senate after approval from the House of Delegates on Monday.
McLean-are Dels. Bob Brink and Barbara Comstock voted against funding the study.
The measure, with more than $17,000 in funding introduced by local Del. Bob Marshall (R-Manassas), "shall consider recommendations for legislation, with respect to the need, means, and schedule for establishing a metallic-based monetary unit to serve as a contingency currency for the Commonwealth," according to the bill.
The House voted, 65-32, for the study of a metallic-based monetary unit in the event the U.S. dollar crumbles. Read the entire bill, as approved by the House.
What do you think of the proposal for a Virginia currency? Tell us in the comments section at the bottom of the page.
See how your representative voted:
YEAS--Albo, Anderson, Bell, Richard P., Bell, Robert B., Byron, Cline, Cole, Cosgrove, Cox, J.A., Cox, M.K., Dudenhefer, Edmunds, Fariss, Farrell, Garrett, Gilbert, Greason, Habeeb, Head, Helsel, Hodges, Hugo, Iaquinto, Ingram, Joannou, Johnson, Jones, Kilgore, Knight, Landes, LeMunyon, Lingamfelter, Loupassi, Marshall, D.W., Marshall, R.G., May, Merricks, Miller, Minchew, Morefield, Morris, O'Bannon, O'Quinn, Orrock, Peace, Pogge, Poindexter, Purkey, Putney, Ramadan, Ransone, Robinson, Rush, Scott, E.T., Sherwood, Stolle, Tata, Villanueva, Ware, R.L., Watson, Webert, Wilt, Yancey, Yost, Mr. Speaker--65.
NAYS--BaCote, Brink, Bulova, Carr, Comstock, Dance, Filler-Corn, Herring, Hester, Hope, Howell, A.T., James, Keam, Kory, Krupicka, Lewis, Lopez, Massie, McClellan, McQuinn, Morrissey, Plum, Rust, Scott, J.M., Sickles, Surovell, Torian, Toscano, Tyler, Ward, Ware, O., Watts--32.
ABSTENTIONS--0.
NOT VOTING--Crockett-Stark, Spruill, Wright--3.