Retail Sales and Use Tax; exemption includes bullion and currency. (SB691)

Introduced By

Sen. Steve Martin (R-Chesterfield) with support from co-patron Del. Mark Cole (R-Fredericksburg)

Progress

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

Description

Sales and use tax exemption; bullion and currency.  Exempts from sales and use tax (i) gold, silver, platinum, and palladium bullion, and (ii) currency. Amends § 58.1-609.1, of the Code of Virginia. View Full Text »

Outcome

Bill Has Failed

History

  • 08/31/2012 Prefiled and ordered printed; offered 01/09/13 13100284D
  • 08/31/2012 Referred to Committee on Finance
  • 01/07/2013 Impact statement from TAX (SB691)
  • 02/06/2013 Left in Finance

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