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Bills · 2011-2012 Regular Session

AB 387

Died at session end Official bill text Atom feed

a sales and use tax exemption for coins, currency, and commemorative medallions.

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

This bill creates a sales and use tax exemption for the sale of coins, currency,

commemorative medallions, or coins of the United States, or any other sovereign

government, that are made from gold, silver, platinum, or palladium, or any

combination of such metals.

Because this bill relates to an exemption from state or local taxes, it may be

referred to the Joint Survey Committee on Tax Exemptions for a report to be printed

as an appendix to the bill.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Kaufert (R) , Kooyenga (R) , Krug (R) , Petersen (R) , Pridemore (R)

5 cosponsors

Grothman (R) , Lasee (R) , Lassa (D) , Olsen (R) , Schultz (R)

Votes

Assembly: Report passage recommended by committee on Ways and Means, Ayes 9, Noes 1

Passed 9–1 Feb 27, 2012 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Nov 21, 2011 · Assembly

    Introduced by Representatives Petersen, Kaufert, Pridemore, Krug and Kooyenga;Cosponsored by Senators Lasee, Olsen, Grothman, Schultz and Lassa

  2. Nov 21, 2011 · Assembly

    Read first time and referred to committee on Ways and Means

  3. Nov 22, 2011 · Assembly

    Fiscal estimate received

  4. Feb 9, 2012 · Assembly

    Public hearing held

  5. Feb 23, 2012 · Assembly

    Executive action taken

  6. Feb 27, 2012 · Assembly

    Report passage recommended by committee on Ways and Means, Ayes 9, Noes 1

  7. Feb 27, 2012 · Assembly

    Referred to joint survey committee on Tax Exemptions

  8. Mar 23, 2012 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1