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Signed as Law: New Jersey Repeals Sales Taxes on Gold and Silver

Signed as Law: New Jersey Repeals Sales Taxes on Gold and Silver

by Mike Maharrey | Sep 12, 2024 | Federal Reserve, State Bills

TRENTON, N.J. (Sept. 12, 2024) – Today, New Jersey Governor Phil Murphy signed a bill into law exempting gold and silver bullion from state sales and use taxes. Sen. Douglas Steinhardt and a bipartisan coalition of five cosponsors introduced Senate Bill 721 (S721) on...
To the Governor: New Jersey Bill Would Repeal Sales Taxes on Gold and Silver

To the Governor: New Jersey Bill Would Repeal Sales Taxes on Gold and Silver

by Mike Maharrey | Jul 2, 2024 | Federal Reserve, State Bills

TRENTON, N.J. (July 2, 2024) – Last week, the New Jersey Assembly and Senate unanimously gave final approval to a bill that would exempt gold and silver bullion from state sales and use taxes sending it to Governor Phil Murphy’s desk. Sen. Douglas Steinhardt and...
New Jersey Bill to Repeal Sales Taxes on Gold and Silver Clears Another Hurdle

New Jersey Bill to Repeal Sales Taxes on Gold and Silver Clears Another Hurdle

by Mike Maharrey | Jun 4, 2024 | Federal Reserve, State Bills

TRENTON, N.J. (June 4, 2024) – Yesterday, a New Jersey Assembly committee unanimously passed a bill that would exempt gold and silver bullion from state sales and use taxes. It previously passed the full Senate. Sen. Douglas Steinhardt and a bipartisan coalition of...
New Jersey Senate Passes Bill to Repeal Sales Taxes on Gold and Silver

New Jersey Senate Passes Bill to Repeal Sales Taxes on Gold and Silver

by Mike Maharrey | Mar 19, 2024 | Federal Reserve, State Bills

TRENTON, N.J. (March 19, 2024) – Yesterday, the New Jersey Senate unanimously passed a bill that would exempt gold and silver bullion from state sales and use taxes. Enactment of this legislation would not only relieve some of the tax burdens on investors, but it...
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