Retail Sales and Use Tax; exemption for sales of nongraded U.S. gold or silver bullion coins. (HB1756)

Introduced By

Del. Tony Wilt (R-Harrisonburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Retail sales tax exemption; gold and silver bullion coins.  Establishes a retail sales tax exemption for sales of nongraded United States gold or silver bullion coins. Amends § 58.1-609.1, of the Code of Virginia. View Full Text »

Status

02/02/2011: Merged into HB1906

History

  • 01/11/2011 Committee
  • 01/11/2011 Prefiled and ordered printed; offered 01/12/11 11102843D
  • 01/11/2011 Referred to Committee on Finance
  • 01/15/2011 Impact statement from TAX (HB1756)
  • 01/17/2011 Assigned Finance sub: #2
  • 01/26/2011 Subcommittee recommends no action
  • 01/31/2011 Subcommittee recommends incorporating (HB1906-Miller, J.H.) (7-Y 0-N)
  • 02/02/2011 Incorporated by Finance (HB1906-Miller, J.H.)

Duplicate Bills

The following bills are identical duplicates of this one: SB1205.

Comments

stephen writes:

Sounds like this guy wants to unload his gold and silver without paying taxes.