Tarrant County Senate District 10 Convention
Saturday, March 23, 2024
Resolutions Committee Report

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Finance - Opposition to Market-Distorting Tax and Fiscal Subsidies
F 01 PROHIBIT THE USE OF CENTRAL BANK DIGITAL CURRENCIES IN THE STATE OF TEXAS

BE IT RESOLVED that the State of Texas shall prohibit the use of Central Bank Digital Currencies (CBDC) for use as legal tender to conduct private and commercial transactions or to settle debts, public or private. The State of Texas does not recognize the authority of the Federal Reserve Bank, or the United States Treasury to create or implement Central Bank Digital Currencies as legal tender consistent with the provisions delegated to the Federal Government under Article l, Section 8 of the Constitution of the United States of America.