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Bills · 2011-2012 Regular Session

SB 408

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 Senate, not reached
  3. Passes Assembly, 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: Grothman (R) , Lasee (R) , Lassa (D) , Olsen (R) , Schultz (R)

5 cosponsors

Kaufert (R) , Kooyenga (R) , Krug (R) , Petersen (R) , Pridemore (R)

Full history

  1. Jan 27, 2012 · Senate

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

  2. Jan 27, 2012 · Senate

    Read first time and referred to joint survey committee on Tax Exemptions

  3. Feb 7, 2012 · Senate

    Fiscal estimate received

  4. Mar 23, 2012 · Senate

    Failed to pass pursuant to Senate Joint Resolution 1