S 395 · 93th Congress · Gold
A bill to permit citizens of the united States to buy, hold, and sell gold.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1973-01-16)
Plain Language Summary
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States that no provision of the Gold Reserve Act of 1934 or any other Act of Congress, and no regulation or order issued pursuant to any such Act, shall prohibit or restrict the acquisition, holding, or disposition of gold by any citizen of the United States. Provides that domestic refiners of new or primary gold shall make available and offer for sale 10 percent of their quarterly new or primary gold output to the Secretary of the Treasury at the offical price of $38 per fine troy ounce, and that he shall accept or reject in whole or in part such gold offered in the same quarterly period in which the offer is made.…
Summarized by Claude AI · Non-partisan · For informational purposes only