Loading chat...
MS HB616
Bill
Status
Failed
6/3/2020
Primary Sponsor
Henry Zuber
Click for details
AI Summary
-
Exempts sales of gold, silver, platinum, and palladium bullion from Mississippi sales tax.
-
Defines qualifying bullion as refined precious metals in bars, ingots, or coins where value depends on mass and purity, not rarity or numismatic value, and must contain at least 90% precious metal.
-
Excludes jewelry and works of art from the bullion exemption definition.
-
Takes effect July 1, 2020.
Legislative Description
Sales tax; exempt sales of gold, silver, platinum and palladium bullion.
Last Action
Died In Committee
6/3/2020
Committee Referrals
Ways and Means2/6/2020
Full Bill Text
No bill text available