The bill amends section 212.08 of the Florida Statutes to expand the sales tax exemption on bullion sales. Specifically, it removes the requirement that the sale must occur in a single transaction and eliminates the stipulation that the sales price must exceed $500. Additionally, the bill removes the requirement for dealers to maintain specific documentation to identify the portion of a transaction that involves the sale of gold, silver, or platinum bullion.

These changes aim to simplify the process for purchasing bullion by removing previous restrictions and documentation requirements, thereby making it easier for consumers and dealers to engage in such transactions. The bill is set to take effect on July 1, 2025.

Statutes affected:
H 6021 Filed: 212.08