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2022 SESSION

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HB 3 Gold, silver, and platinum bullion, etc.; extends sunset date for the sales tax exemption.

Introduced by: R. Lee Ware | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Sales tax exemption; gold, silver, and platinum bullion. Extends the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins whose sales price exceeds $1,000 to June 30, 2025. Under current law, the exemption will expire on June 30, 2022.

SUMMARY AS PASSED HOUSE:

Sales tax exemption; gold, silver, and platinum bullion. Extends the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins whose sales price exceeds $1,000 to June 30, 2027. Under current law, the exemption will expire on June 30, 2022.

SUMMARY AS INTRODUCED:

Sales tax exemption; gold, silver, and platinum bullion. Removes the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins whose sales price exceeds $1,000. Under current law, the exemption will expire on June 30, 2022.