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SB 26 Virginia Senate · 2022 Regular Session

Gold, silver, and platinum bullion, etc.; extends sunset date for the sales tax exemption.

Summary
Sales tax exemption; gold, silver, and platinum bullion. Extends the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins whose sales price exceeds $1,000 to June 30, 2025. Under current law, the exemption will expire on June 30, 2022.
Bill status signed all 5 stages cleared
Introduction
Dec 2021
Committee Review
Feb 2022
Senate Passage
Jan 2022
House of Delegates Passage
Feb 2022
Signed into Law
Apr 2022
Introduced Dec 22, 2021 Signed Apr 11, 2022
Floor votes · Senate Jan 31, 2022 · House of Delegates Feb 24, 2022

How they voted

33–0
Passed
Total votes 33
Jan 31, 2022
D Democratic17
17 Yea
100% Yea
R Republican16
16 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
28
Key actions
7
Committee
6
Amendments
2
Apr 11, 2022
Signed into law
Approved by Governor-Chapter 634 (effective 7/1/22)
executive
Feb 24, 2022
Lower · Passed
Passed House (83-Y 14-N)
lower
Feb 21, 2022
Lower · Passed
Reported from Finance (19-Y 3-N)
lower
Feb 18, 2022
Committee
Referred to Committee on Finance
lower
Jan 31, 2022
Upper · Passed
Read third time and passed Senate (40-Y 0-N)
upper
Jan 28, 2022
Introduced
Engrossed by Senate as amended SB26E
upper
Jan 28, 2022
Upper · Passed
Committee amendment agreed to
upper
Jan 28, 2022
Introduced
Reading of amendment waived
upper
Jan 26, 2022
Upper · Passed
Reported from Finance and Appropriations with amendment (14-Y 1-N)
upper
Jan 26, 2022
Upper · Passed
Senate committee, floor amendments and substitutes offered
upper
Dec 22, 2021
Committee
Referred to Committee on Finance and Appropriations
upper
Dec 22, 2021
Introduced
Prefiled and ordered printed; offered 01/12/22 22100983D
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
FR
Frank Ruff
RRepublican
VA
9