Gold, silver, & platinum bullion, etc.; removes sunset date for sales tax exemption. (HB936)

Introduced By

Del. Amanda Batten (R-Toano)

Progress

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

Description

Sales tax exemption; gold, silver, and platinum bullion. Extends from June 30, 2022, to June 30, 2025, the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins. The bill eliminates the limitation that only purchases in excess of $1,000 are eligible for the exemption. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2022Committee
01/12/2022Prefiled and ordered printed; offered 01/12/22 22102736D
01/12/2022Referred to Committee on Finance
01/20/2022Impact statement from TAX (HB936)
01/27/2022Assigned Finance sub: Subcommittee #2
01/31/2022Subcommittee recommends reporting with amendments (9-Y 0-N)
02/02/2022Reported from Finance with amendment(s) (17-Y 4-N) (see vote tally)
02/04/2022Read first time
02/07/2022Read second time
02/07/2022Committee amendments agreed to
02/07/2022Engrossed by House as amended HB936E
02/07/2022Printed as engrossed 22102736D-E
02/08/2022Read third time and passed House (77-Y 21-N)
02/08/2022VOTE: Passage (77-Y 21-N) (see vote tally)
02/09/2022Constitutional reading dispensed
02/09/2022Referred to Committee on Finance and Appropriations
02/14/2022Impact statement from TAX (HB936E)
02/15/2022Reported from Finance and Appropriations with substitute (15-Y 0-N) (see vote tally)
02/15/2022Committee substitute printed 22106621D-S1
02/16/2022Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/17/2022Read third time
02/17/2022Reading of substitute waived
02/17/2022Committee substitute agreed to 22106621D-S1
02/17/2022Engrossed by Senate - committee substitute HB936S1
02/17/2022Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/21/2022Senate substitute rejected by House 22106621D-S1 (0-Y (8-N)
02/21/2022Senate substitute rejected by House 22106621D-S1 (0-Y 98-N)
02/21/2022VOTE: Rejected (0-Y 98-N) (see vote tally)
02/23/2022Senate insisted on substitute (40-Y 0-N) (see vote tally)
02/23/2022Senate requested conference committee
02/24/2022VOTE: Adoption (0-Y 100-N) (see vote tally)
02/24/2022House acceded to request
02/25/2022Conferees appointed by Senate
02/25/2022Senators: Ruff, Lucas, Deeds
02/28/2022Conferees appointed by House
02/28/2022Delegates: Batten, Ware, Keam
03/11/2022C Amended by conference committee
03/11/2022Conference report agreed to by House (77-Y 19-N)
03/11/2022VOTE: Adoption (77-Y 19-N) (see vote tally)
03/11/2022Conference report agreed to by Senate (40-Y 0-N) (see vote tally)
03/21/2022Enrolled
03/21/2022Bill text as passed House and Senate (HB936ER)
03/21/2022Signed by President
03/22/2022Signed by Speaker
03/22/2022Enrolled Bill communicated to Governor on March 22, 2022
03/22/2022G Governor's Action Deadline 11:59 p.m., April 11, 2022
03/23/2022Impact statement from TAX (HB936ER)
04/11/2022G Approved by Governor-Chapter 643 (effective 7/1/22)
04/11/2022G Acts of Assembly Chapter text (CHAP0643)

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