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

DateAction
01/10/2011Committee
01/10/2011Prefiled and ordered printed; offered 01/12/11 11103125D
01/10/2011Referred to Committee on Finance
01/15/2011Impact statement from TAX (HB1701)
01/17/2011Assigned Finance sub: #2
01/26/2011Subcommittee recommends laying on the table (9-Y 0-N)
01/31/2011Subcommittee recommends incorporating (HB1906-Miller, J.H.) (7-Y 0-N)
02/08/2011Left in Finance

Comments

stephen writes:

This exemption should be for bread and milk, not gold and silver.