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VT H0711
Bill
Status
Introduced
1/16/2026
Primary Sponsor
Gregory Burtt
Click for details
AI Summary
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Exempts precious metal bullion and coins from Vermont sales and use tax, effective July 1, 2026
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Defines "precious metal bullion or coins" as refined gold or silver property whose value is primarily determined by its precious metal content, including monetized bullion and coins used as legal tender
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Excludes jewelry, artwork made from precious metals, and metals processed for industrial, professional, or artistic use from the exemption
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States the statutory purpose is to promote investment in gold and silver
Legislative Description
An act relating to a sales tax exemption for precious metals purchased for investment
Last Action
Read first time and referred to the Committee on Ways and Means
1/16/2026
Committee Referrals
Ways and Means1/16/2026
Full Bill Text
No bill text available