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MS HB23

Bill

Official Source

Status

Failed

2/22/2023

Primary Sponsor

Gene Newman

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Exempts sales of platinum, gold, and silver bullion valued solely on precious metal content from sales tax, whether in coin or ingot form

  • Exempts sales of numismatic coins priced at $1,000.00 or less from sales tax

  • Exempts sales of numismatic coins sold at national, statewide, or multi-county numismatic trade shows from sales tax

  • Adds these exemptions to Section 27-65-111 of the Mississippi Code as subsection (aaa)

  • Effective July 1, 2023

Legislative Description

Sales tax; exempt sales of platinum, gold, silver bullion and numismatic coins.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Ways and Means1/3/2023

Full Bill Text

No bill text available