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ME LD190

Bill

Official Source

Status

Failed

2/25/2025

Primary Sponsor

Paul Flynn

Click for details

Origin

House of Representatives

132nd Legislature

AI Summary

  • Exempts sales of coins with numismatic value from Maine state sales tax beginning January 1, 2026
  • Includes gold and silver coins that have collector value
  • Explicitly excludes bullion from the exemption
  • Amends 36 MRSA §1760 by adding subsection 116 to Maine's existing sales tax exemption statute

Legislative Description

An Act to Exempt Certain Numismatic Transactions from State Sales Tax

Sales And Use Tax

Last Action

Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

2/25/2025

Committee Referrals

Taxation1/14/2025

Full Bill Text

No bill text available