Gold, silver, and platinum bullion, etc.; extends sunset date for the sales tax exemption. (HB3)

Introduced By

Del. Lee Ware (R-Powhatan) with support from co-patron Del. Mark Keam (D-Vienna)

Progress

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

Description

Sales tax exemption; gold, silver, and platinum bullion. Extends the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins whose sales price exceeds $1,000 to June 30, 2025. Under current law, the exemption will expire on June 30, 2022. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
11/29/2021Committee
11/29/2021Prefiled and ordered printed; offered 01/12/22 22100636D
11/29/2021Referred to Committee on Finance
01/18/2022Impact statement from TAX (HB3)
01/19/2022Reported from Finance with amendment(s) (19-Y 2-N) (see vote tally)
01/21/2022Read first time
01/24/2022Read second time
01/24/2022Committee amendment agreed to
01/24/2022Engrossed by House as amended HB3E
01/24/2022Printed as engrossed 22100636D-E
01/25/2022Read third time and passed House (87-Y 12-N)
01/25/2022VOTE: Passage (87-Y 12-N) (see vote tally)
01/26/2022Constitutional reading dispensed
01/26/2022Referred to Committee on Finance and Appropriations
02/14/2022Impact statement from TAX (HB3E)
02/15/2022Senate committee, floor amendments and substitutes offered
02/15/2022Reported from Finance and Appropriations with amendment (16-Y 0-N) (see vote tally)
02/16/2022Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/17/2022Read third time
02/17/2022Reading of amendment waived
02/17/2022Committee amendment agreed to
02/17/2022Engrossed by Senate as amended
02/17/2022Passed Senate with amendment (40-Y 0-N) (see vote tally)
02/21/2022Senate amendment agreed to by House (84-Y 14-N)
02/21/2022VOTE: Adoption (84-Y 14-N) (see vote tally)
02/22/2022Enrolled
02/22/2022Bill text as passed House and Senate (HB3ER)
02/22/2022Signed by Speaker
02/22/2022Signed by President
02/24/2022Enrolled Bill communicated to Governor on FEbruary 24, 2022
02/25/2022Impact statement from TAX (HB3ER)
03/02/2022G Approved by Governor-Chapter 12 (effective 7/1/22)
03/02/2022G Acts of Assembly Chapter text (CHAP0012)

Duplicate Bills

The following bills are identical to this one: SB26.

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