Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee limits sales-tax exemption for precious-metal bullion and coins to transactions above $1,000
Summary
House Bill 500/Senate Bill 309, cross-filed measures to exempt sales of precious-metal bullion and coins from the state sales and use tax, were amended to apply only to sales with a price above $1,000 and moved favorable with amendments by the Ways and Means Committee.
The Ways and Means Committee amended and moved House Bill 500 and Senate Bill 309 favorably with amendments, limiting a proposed sales-tax exemption for precious-metal bullion and coins to transactions with a sales price greater than $1,000.
The Vice Chair explained that the bills would exempt sales of precious-metal bullion and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
