Sales and use taxes: exclusion: pawnbrokers: transfer of vested property.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Enacted

Summary

The bill changes the tax code so that when a pawnbroker gives back property that was pledged as loan security, the transaction is not counted as a taxable sale if certain conditions are met. The exemption, which was set to end in 2027, is now extended to Jan. 1, 2032, and the state will not reimburse counties or cities for any sales‑use tax they lose because of this change. It also requires the tax agency to track how often the exemption is used.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

Read third time. Passed. Ordered to the Senate. (Ayes 72. Noes 0. Page 5137.) · May 18, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Jun 22, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Jun 10, 2026
• Appropriations Committee Hearing
  Appropriations · May 13, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Apr 13, 2026
• Revenue And Taxation
  Revenue And Taxation · Apr 13, 2026

History

1. May 27, 2026Referred to Com. on REV. & TAX.
2. May 18, 2026Read third time. Passed. Ordered to the Senate. (Ayes 72. Noes 0. Page 5137.)
3. May 18, 2026In Senate. Read first time. To Com. on RLS. for assignment.
4. May 14, 2026Read second time. Ordered to third reading.
5. May 13, 2026From committee: Do pass. (Ayes 15. Noes 0.) (May 13).
6. Apr 22, 2026Re-referred to Com. on APPR.
7. Apr 21, 2026Read second time and amended.
8. Apr 20, 2026From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (April 13).
9. Mar 17, 2026Re-referred to Com. on REV. & TAX.
10. Mar 16, 2026Referred to Com. on REV. & TAX.
11. Mar 16, 2026From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
12. Feb 21, 2026From printer. May be heard in committee March 23.

The 12 most recent of 13 recorded actions.

Sponsors

• Michelle Rodriguez (D) · sponsor

Bill text

Opens the legislature’s own copy.

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