Signed as Law: Alabama Repeals State Capital Gains Taxes on Gold and Silver
MONTGOMERY, Ala. (May 17, 2024) – Today, Alabama Governor Kay Ivey signed a bill into law repealing the state capital gains tax on gold and silver bullion. Sen. Tim Melson introduced Senate Bill 297 (SB297) on April 4. Alabama repealed the state sales tax on gold,...
Alabama Senate Passes Bill to Repeal State Capital Gains Taxes on Gold and Silver
MONTGOMERY, Ala. (May 1, 2024) – On Tuesday, the Alabama Senate unanimously passed a bill that would repeal the state capital gains tax on gold and silver bullion. Sen. Tim Melson introduced Senate Bill 297 (SB297) on April 4. Alabama repealed the state sales tax on...
Kansas Committee Passes Bill to Treat Gold and Silver as Legal Tender
TOPEKA, Kan. (Jan. 23, 2024) – Yesterday, a Kansas Senate committee passed a bill that would make gold and silver legal tender in the state, and would effectively repeal the state capital gains tax on the same. The Senate Federal and State Affairs Committee...