Sales and Use Tax - Precious Metal Bullion or Coins - Exemption
Hearing (House)
Summary
The bill changes Maryland law so that any sale of qualifying precious‑metal bullion or coins is exempt from sales and use tax, no longer requiring a price over $1,000 or a sale at the Baltimore Convention Center. It updates the definition of “precious metal bullion or coins” and eliminates the previous restrictions. The change aims to simplify tax treatment for investors and dealers in precious metals.
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Ask about HB 729
3 free questions a day, no accountHearings
- Ways and Means — Bill HearingWays and Means · Feb 19, 2026
History
- Hearing 2/19 at 1:00 p.m.
- First Reading Ways and Means
Sponsors
- Grammer · sponsor
- Arikan
- Chisholm
- Fisher
- M. Morgan
- Nawrocki
- Szeliga
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