An Act To Exempt Gold And Silver Coins And Bullion From The State Sales And Use Tax

LD 443 exempts the sale of gold and silver coins and bullion from Maine's state sales and use tax, effective January 1, 2026. This means businesses selling these items in Maine will no longer collect or remit state sales tax on such transactions. The bill directly affects sellers of precious metal coins and bullion by adding a specific tax exemption to Maine's tax code. The key provision creates a clear category for these products, removing the tax obligation that previously applied.