Retail Sales and Use Tax; exemption includes gold, silver, and platinum bullion. (HB207)
Introduced By
Del. Jackson Miller (R-Manassas) with support from co-patron Del. Mark Keam (D-Vienna)
Progress
√ |
Introduced |
X |
Passed Committee |
√ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Sales and use tax exemption; gold, silver, and platinum bullion. Exempts from sales and use tax gold, silver, or platinum bullion whose sales price exceeds $1,000. The bill has a sunset date of June 30, 2015. Amends § 58.1-609.1, of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
History
- 01/09/2012 Prefiled and ordered printed; offered 01/11/12 12101378D
- 01/09/2012 Referred to Committee on Finance
- 01/12/2012 Assigned Finance sub: Subcommittee #1
- 02/08/2012 Subcommittee recommends reporting (9-Y 2-N)
- 02/10/2012 Reported from Finance (20-Y 1-N) (see vote tally)
- 02/12/2012 Read first time
- 02/13/2012 Read second time and engrossed
- 02/14/2012 Read third time and passed House (97-Y 2-N)
- 02/14/2012 VOTE: PASSAGE (97-Y 2-N) (see vote tally)
- 02/15/2012 Constitutional reading dispensed
- 02/15/2012 Referred to Committee on Finance
- 02/22/2012 Impact statement from TAX (HB207)
- 02/28/2012 Continued to 2013 in Finance (11-Y 2-N) (see vote tally)
- 10/31/2012 Fiscal impact review from JLARC (HB207)
- 11/30/2012 Left in Finance
- 12/13/2012 Fiscal impact review from JLARC (HB207)
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