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2022 SESSION
HB 936 Gold, silver, & platinum bullion, etc.; removes sunset date for sales tax exemption.
Introduced by: Amanda E. Batten (by request) | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Sales tax exemption; gold, silver, and platinum bullion. Extends from June 30, 2022, to June 30, 2025, the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins. The bill eliminates the limitation that only purchases in excess of $1,000 are eligible for the exemption.
SUMMARY AS PASSED HOUSE:
Sales tax exemption; gold, silver, and platinum bullion. Extends from June 30, 2022, to June 30, 2027, the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins. The bill eliminates the limitation that only purchases in excess of $1,000 are eligible for the exemption.
SUMMARY AS INTRODUCED:
Sales tax exemption; gold, silver, and platinum bullion. Removes (i) the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins and (ii) the limitation that only purchases in excess of $1,000 are eligible for the exemption. Under current law, the exemption will expire on June 30, 2022.