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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...
Signed as Law: Alabama Repeals State Capital Gains Taxes on Gold and Silver

Signed as Law: Alabama Repeals State Capital Gains Taxes on Gold and Silver

by Mike Maharrey | May 17, 2024 | Federal Reserve, State Bills

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 Alabama repealed the state sales tax on gold,...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

Alabama Senate Passes Bill to Repeal State Capital Gains Taxes on Gold and Silver

by Mike Maharrey | May 1, 2024 | Federal Reserve, State Bills

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 Alabama repealed the state sales tax on...
Signed as Law: Nebraska Repeals State Capital Gains Taxes on the Sale of Gold and Silver

Signed as Law: Nebraska Repeals State Capital Gains Taxes on the Sale of Gold and Silver

by Mike Maharrey | Apr 26, 2024 | Federal Reserve, State Bills

LINCOLN, Neb. (April 26, 2024) – On Tuesday, Nebraska Gov. Jim Pillen signed a bill into law repealing state capital gains taxes on the sale of gold and silver bullion. Passage into law would relieve some of the tax burdens on investors and eliminate one barrier to...
Alaska Senate Committee Passes Bill to Make Gold and Silver Legal Tender in the State

Alaska Senate Committee Passes Bill to Make Gold and Silver Legal Tender in the State

by Mike Maharrey | Apr 24, 2024 | Federal Reserve, State Bills

JUNEAU, Alaska (April 24, 2024) – Yesterday, an Alaska Senate committee passed a bill to make gold and silver legal tender in the state and repeal all taxes on them. The bill previously passed the House and will now move forward in the legislative process. Rep. Kevin...
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