Bills · 2019-2020 Regular Session
Relating to: sales and use tax exemptions for precious metals and cryptocurrency. (FE)
Legislature — Tax exemptions joint survey committee on Personal property Sales tax — Exemption
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- 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 precious metals and a sales
tax exemption for cryptocurrency.
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
Full history
- May 8, 2019 · Assembly
Introduced by Representatives Sortwell, Wichgers, Zimmerman, Schraa, Brooks, Quinn, Gundrum, Brandtjen, Murphy and Skowronski; cosponsored by Senators Stroebel and Craig
- May 8, 2019 · Assembly
Read first time and referred to Committee on Ways and Means
- May 23, 2019 · Assembly
Fiscal estimate received
- Jul 17, 2019 · Assembly
Assembly Substitute Amendment 1 offered by Representative Sortwell
- Aug 20, 2019 · Assembly
Assembly Amendment 1 to Assembly Substitute Amendment 1 offered by Representative Sortwell
- Dec 9, 2019 · Assembly
Senator Bernier added as a cosponsor
- Apr 1, 2020 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1