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IntroducedMar 04, 2025
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Passed Assembly
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Passed Senate
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Signed into Law
Proposes to exempt sales of certain coins, currency and bullion from sales and use taxes and analogous taxes upon approval by the voters. (BDR 32-147)
Last Action See all actions
Assembly • Apr 15, 2025: Read second time. Taken from General File. Rereferred to Committee on Ways and Means. Exemption effective. To committee.
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on AB 359
Tweets
Whip Lists
Sponsors
- Bert Gurrprimary
- Rich DeLongcosponsor
- Brian Hibbettscosponsor
- PK O’Neillcosponsor
Votes
Looks like there aren't any voting records available at this moment.
Actions
- Apr 15, 2025 | Assembly
- Read second time. Taken from General File. Rereferred to Committee on Ways and Means. Exemption effective. To committee.
- Apr 14, 2025 | Assembly
- From committee: Do pass.
- Apr 10, 2025 | Assembly
- Do pass -- Assembly Revenue (Work Session) Apr 10, 2025 4:30 PM
- Mar 20, 2025 | Assembly
- Heard -- Assembly Revenue Mar 20, 2025 4:00 PM
- Mar 10, 2025 | Assembly
- Notice of eligibility for exemption.
- Mar 05, 2025 | Assembly
- From printer. To committee.
- Mar 04, 2025 | Assembly
- Read first time. Referred to Committee on Revenue. To printer.
Bill Texts
Documents
- Fiscal Note: Department of Taxation (As Introduced)PDF
- Fiscal Note: Office of the Secretary of State (As Introduced)PDF
- Fiscal Note: Local Government (As Introduced)PDF
- Agenda: Assembly Revenue, 04/10/2025
- Exhibit AB 359 Work Session Document -- Assembly Revenue, 04/10/2025
- Agenda: Assembly Revenue, 03/20/2025
- Exhibit AB359 Key Points Handout submitted by Assemblymember Gallant -- Assembly Revenue, 03/20/2025
- Exhibit AB359 Expert Testimony submitted by Patrick A. Heller, National Coin & Bullion Association Industry Issues Advisor -- Assembly Revenue, 03/20/2025
- Exhibit AB359 Photo of coins displayed during meeting -- Assembly Revenue, 03/20/2025
- Exhibit AB359 Support Testimony submitted by Maddox Gallant -- Assembly Revenue, 03/20/2025
- Exhibit AB359 Support Statement and Economic Development and Job Creation Through Coin and Precious Metals Tax Exemptions Report, submitted by David Crenshaw, Executive Director, National Coin & Bullion Association -- Assembly Revenue, 03/20/2025
- Exhibit AB359 Support Statement submitted by Ann Sweder -- Assembly Revenue, 03/20/2025
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