Retail Sales & Use Tax; exempts gold or silver bullion coins, bars, and ingots. (HB1701)
Introduced By
Del. Clay Athey (R-Front Royal)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Retail sales tax exemption; gold and silver bullion. Establishes a retail sales tax exemption for sales of (i) nongraded United States gold or silver bullion coins or (ii) gold or silver bullion bars or ingots. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/10/2011 | Committee |
01/10/2011 | Prefiled and ordered printed; offered 01/12/11 11103125D |
01/10/2011 | Referred to Committee on Finance |
01/15/2011 | Impact statement from TAX (HB1701) |
01/17/2011 | Assigned Finance sub: #2 |
01/26/2011 | Subcommittee recommends laying on the table (9-Y 0-N) |
01/31/2011 | Subcommittee recommends incorporating (HB1906-Miller, J.H.) (7-Y 0-N) |
02/08/2011 | Left in Finance |
Comments
This exemption should be for bread and milk, not gold and silver.