Signed as Law: New Jersey Repeals Sales Taxes on Gold and Silver
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...
Grassroots Pressure Kills Nebraska Bill to Reimpose Sales Tax on Gold and Silver
LINCOLN, Neb. (Aug. 22, 2024) – In a victory for sound money, grassroots activists in Nebraska helped kill a bill that would have reimposed a sales tax on the sale of gold and silver bullion. Sen. Lou Linehan introduced Legislature Bill 1 (LB1) on July 25. The...
Kentucky Governor Plans to Continue Collecting Sales Tax on Gold and Silver Despite New Law
Kentucky Governor Andy Beshear has decided he’s going to continue collecting sales tax on the sale of gold and silver despite a new law repealing the levy and an attorney general opinion calling his line-item veto of the provision unconstitutional. Only five...