130th MAINE LEGISLATURE
FIRST SPECIAL SESSION-2021
Legislative Document No. 1371
H.P. 1005 House of Representatives, April 7, 2021
An Act To Exempt Gold and Silver Transactions from State Sales
and Use Tax
Received by the Clerk of the House on April 5, 2021. Referred to the Committee on
Taxation pursuant to Joint Rule 308.2 and ordered printed pursuant to Joint Rule 401.
ROBERT B. HUNT
Clerk
Presented by Representative CEBRA of Naples.
Printed on recycled paper
 1 Be it enacted by the People of the State of Maine as follows:
2 Sec. 1. 36 MRSA §1760, sub-§107 is enacted to read:
3 107. Monetary metals. Beginning January 1, 2022, sales of gold and silver, including:
4 A. Coins with gold or silver content; and
5 B. Refined gold or silver bullion that is coined, stamped or imprinted with its weight
6 and purity and the value of which is based primarily on its metal content and not its
7 form.
8 SUMMARY
9 This bill exempts from state sales and use taxes the sale of gold and silver, including
10 coins with gold or silver content and refined gold or silver bullion coined, stamped or
11 imprinted with its weight and purity and the value of which is based primarily on its metal
12 content and not its form.
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