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