An Act To Exempt Certain Numismatic Transactions From State Sales Tax
This bill exempts the sale of collectible coins (numismatic coins) from Maine's state sales tax, effective January 1, 2026. It specifically covers coins valued for their rarity, historical significance, or collectible appeal - such as gold and silver coins - but excludes bullion coins sold based on their metal content. This change applies to all qualifying transactions between buyers and sellers within Maine.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025
Last action Feb 25, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
2
Committee
4
Feb 11, 2025
Legislature · Passed
Reported Out - LTW
legislature
Jan 14, 2025
Committee
The Bill was REFERRED to the Committee on TAXATION in concurrence
upper
Jan 14, 2025
Committee
The Bill was REFERRED to the Committee on TAXATION.
lower
Jan 14, 2025
Lower · Passed
Committee on Taxation suggested and ordered printed.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Paul Flynn
RRepublican
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