Bills · 2023-2024 Regular Session
Relating to: a sales and use tax exemption for precious metal bullion. (FE)
Legislature — Tax exemptions joint survey committee on Lemon law Personal property Sales tax — Exemption
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, 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 metal bullion. The
bill defines “precious metal bullion” as coins, bars, rounds, or sheets that contain at
least 35 percent gold, silver, copper, platinum, or palladium.
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: Cabral-Guevara (R) , Felzkowski (R) , Feyen (R) , Nass (R) , Quinn (R) , Spreitzer (D) , Stroebel (R)
Votes
Senate: Report passage recommended by Committee on Universities and Revenue, Ayes 5, Noes 3
Passed 5–3 Feb 5, 2024 official source full pageNo individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.
Full history
- Feb 3, 2023 · Senate
Introduced by Senators Stroebel, Cabral-Guevara, Felzkowski, Feyen, Nass, Quinn and Spreitzer; cosponsored by Representatives Sortwell, Schraa, Allen, Armstrong, Behnke, Bodden, Brooks, Gustafson, Moses, Murphy, Mursau, Penterman, Petersen, Rettinger, Tittl and Tusler
- Feb 3, 2023 · Senate
Read first time and referred to Committee on Universities and Revenue
- Feb 13, 2023 · Senate
Fiscal estimate received
- Jan 2, 2024 · Senate
Representative Summerfield added as a cosponsor
- Jan 31, 2024 · Senate
Public hearing held
- Feb 5, 2024 · Senate
Executive action taken
- Feb 5, 2024 · Senate
Report passage recommended by Committee on Universities and Revenue, Ayes 5, Noes 3
- Feb 5, 2024 · Senate
Available for scheduling
- Feb 14, 2024 · Senate
Report of Joint Survey Committee on Tax Exemptions requested
- Feb 19, 2024 · Senate
Report of Joint Survey Committee on Tax Exemptions received
- Apr 15, 2024 · Senate
Failed to pass pursuant to Senate Joint Resolution 1