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LD443 • 2025

An Act to Exempt Gold and Silver Coins and Bullion from the State Sales and Use Tax

An Act to Exempt Gold and Silver Coins and Bullion from the State Sales and Use Tax

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Representative Laurel Libby
Last action
2025-03-04
Official status
Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act to Exempt Gold and Silver Coins and Bullion from the State Sales and Use Tax

An Act to Exempt Gold and Silver Coins and Bullion from the State Sales and Use Tax Sponsor: Representative Laurel Libby Reference committee: Taxation Latest committee action: Reported Out; LTW

What This Bill Does

  • An Act to Exempt Gold and Silver Coins and Bullion from the State Sales and Use Tax Sponsor: Representative Laurel Libby Reference committee: Taxation Latest committee action: Reported Out; LTW

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-03-04 Senate

    Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

  2. 2025-02-28 Committee

    Reported Out; LTW

  3. 2025-02-20 Committee

    LTW Approved by Chairs; LTW

  4. 2025-02-04 House

    Committee on Taxation suggested and ordered printed. The Bill was REFERRED to the Committee on TAXATION . Sent for concurrence. ORDERED SENT FORTHWITH.

  5. 2025-02-04 Committee

    Referred to Committee on Taxation.

Official Summary Text

An Act to Exempt Gold and Silver Coins and Bullion from the State Sales and Use Tax
Sponsor:
Representative Laurel Libby
Reference committee:
Taxation
Latest committee action:
Reported Out; LTW

Current Bill Text

Read the full stored bill text 
Printed on recycled paper
132nd MAINE LEGISLATURE
FIRST REGULAR SESSION-2025
Legislative Document No. 443
H.P. 297 House of Representatives, February 4, 2025
An Act to Exempt Gold and Silver Coins and Bullion from the State
Sales and Use Tax
Reference to the Committee on Taxation suggested and ordered printed.
ROBERT B. HUNT
Clerk
Presented by Representative LIBBY of Auburn.
Cosponsored by Representatives: BOYER of Poland, MILLIKEN of Blue Hill, QUINT of
Hodgdon.

Page 1 - 132LR2086(01)
1Be it enacted by the People of the State of Maine as follows:
2Sec. 1. 36 MRSA §1760, sub-§116 is enacted to read:
3116. Gold and silver coins and bullion. Beginning January 1, 2026, sales of gold
4 and silver coins and bullion.
5SUMMARY
6 This bill provides a sales and use tax exemption for sales of gold and silver coins and
7 bullion.
6
7