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FL S0134
Bill
AI Summary
- Removes the current requirement that gold, silver, or platinum bullion sales must exceed $500 in a single transaction to qualify for Florida's sales tax exemption
- Makes all sales of gold, silver, or platinum bullion exempt from state sales tax regardless of transaction amount
- Eliminates the requirement for dealers to maintain documentation identifying the exempt bullion portion of a transaction
- Amends Section 212.08, Florida Statutes, under the miscellaneous exemptions category
- Effective date is July 1, 2025; sponsored by Senator Rodriguez
Legislative Description
Sales Tax Exemption of Bullion
Last Action
Died in Finance and Tax
6/16/2025
Committee Referrals
Finance and Tax3/25/2025
Full Bill Text
No bill text available