Gold and Silver; authorize as legal tender.

HB 394 would authorize gold and silver coins and bullion to be used as legal tender in Mississippi transactions. It prohibits taxing gold or silver as property and exempts buying, selling, or exchanging these metals from sales or income tax. Businesses and individuals cannot be forced to accept gold or silver for payment, though contracts may specify it as valid tender. Mississippi courts would recognize gold or silver for debt payments when explicitly required by a contract.