LD443

An Act to Exempt Gold and Silver Coins and Bullion from the State Sales and Use Tax

Failed·3/4/25
Tpdf Text

Exempts sales of gold and silver coins and bullion from Maine's sales and use tax.

This bill amends the Maine Revised Statutes to exempt sales of gold and silver coins and bullion from the state sales and use tax. The exemption will take effect on January 1, 2026. This change means that purchases of gold and silver coins and bullion will no longer be subject to the sales and use tax in Maine.

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Sponsors

D
1
3
RRR
Democratic CaucusRepublican Caucus

History

Mar 4, 2025

Senate

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

Feb 28, 2025

Joint

Reported Out: LTW

Feb 20, 2025

Joint

LTW Approved by Chairs: LTW