SB1026 would permit employers to eliminate wages by cash or check.
The Senate passed SB1026 on July 11, 2024, by a vote of 44 to 5. We have assigned pluses to the nays because this bill would effectively ban most, if not all, payments by cash or check, paving the way toward an exclusively government-controlled Central Bank Digital Currency (CBDC). A CBDC would be an unconstitutional and intolerable expansion of tyranny under the Federal Reserve—presenting a significant danger to Americans’ civil liberties by decimating personal privacy and allowing for a full-fledged surveillance state. According to Article 1, Section 10, of the U.S. Constitution, “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” The States must act now to thwart government plans to impose a CBDC and enforce the Constitution’s monetary provisions.