CA AB843

Changes the adjustment date for the bulk sales threshold of monetized bullion, nonmonetized gold and silver bullion, and numismatic coins from September 1 to October 1 each year

Maintains the sales and use tax exemption for bulk sales of bullion and numismatic coins when the transaction totals $1,000 or more in market value

Requires the State Board of Equalization to adjust the $1,000 threshold annually by an inflation factor determined by the Franchise Tax Board, rounded to the nearest $500 increment

An operative adjustment only takes effect when the calculated amount exceeds the previous threshold by at least $500