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SB 934 Retail Sales and Use Tax; exempts legal tender coins.
SUMMARY AS PASSED SENATE: (all summaries)
Sales and use tax exemption; legal tender coins. Exempts legal tender coins whose total transaction sales price exceeds $1,000 from sales and use tax and extends from January 1, 2019, to June 30, 2022, the same exemption for gold, silver, or platinum bullion. The bill has a delayed effective date of January 1, 2018. The provisions of the bill expire on June 30, 2022. This bill is identical to HB 1668.