Gold, silver, and platinum bullion, etc.; extends sunset date for the sales tax exemption. (SB26)
Introduced By
Sen. Frank Ruff (R-Clarksville)
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
| Date | Action |
|---|---|
| 12/22/2021 | Prefiled and ordered printed; offered 01/12/22 22100983D |
| 12/22/2021 | Referred to Committee on Finance and Appropriations |
| 01/20/2022 | Impact statement from TAX (SB26) |
| 01/26/2022 | Senate committee, floor amendments and substitutes offered |
| 01/26/2022 | Reported from Finance and Appropriations with amendment (14-Y 1-N) (see vote tally) |
| 01/27/2022 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 01/28/2022 | Read second time |
| 01/28/2022 | Reading of amendment waived |
| 01/28/2022 | Committee amendment agreed to |
| 01/28/2022 | Engrossed by Senate as amended SB26E |
| 01/28/2022 | Printed as engrossed 22100983D-E |
| 01/31/2022 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
| 02/17/2022 | Impact statement from TAX (SB26E) |
| 02/18/2022 | Placed on Calendar |
| 02/18/2022 | Read first time |
| 02/18/2022 | Referred to Committee on Finance |
| 02/21/2022 | Reported from Finance (19-Y 3-N) (see vote tally) |
| 02/23/2022 | Read second time |
| 02/24/2022 | Read third time |
| 02/24/2022 | Passed House (83-Y 14-N) |
| 02/24/2022 | VOTE: Passage (83-Y 14-N) (see vote tally) |
| 02/28/2022 | Enrolled |
| 02/28/2022 | Bill text as passed Senate and House (SB26ER) |
| 02/28/2022 | Signed by President |
| 02/28/2022 | Signed by Speaker |
| 03/01/2022 | Impact statement from TAX (SB26ER) |
| 03/11/2022 | Enrolled Bill Communicated to Governor on March 11, 2022 |
| 03/11/2022 | G Governor's Action Deadline 11:59 p.m., April 11, 2022 |
| 04/11/2022 | G Approved by Governor-Chapter 634 (effective 7/1/22) |
| 04/11/2022 | G Acts of Assembly Chapter text (CHAP0634) |
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