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S 7875 NY

Relates to the sales and use tax exemption for certain transactions in precious metal bullion held for investment purposes

NY · session 2025-2026 · Senate · bill

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Introduced May 13, 2025

Latest action (Jun 5, 2026) COMMITTED TO RULES

Summary

Requires that sales tax exempt precious metal bullion shall be purchased by a bank, a foreign government, the U.N. or the state, federal or local government.

Sponsor (1)

1 coauthor / cosponsor

Action history (8)

  1. May 13, 2025 REFERRED TO BUDGET AND REVENUE · upper
  2. May 28, 2025 REPORTED AND COMMITTED TO FINANCE · upper
  3. Jan 7, 2026 REFERRED TO BUDGET AND REVENUE · upper
  4. Feb 10, 2026 REPORTED AND COMMITTED TO FINANCE · upper
  5. Mar 24, 2026 1ST REPORT CAL.604 · upper
  6. Mar 25, 2026 2ND REPORT CAL. · upper
  7. Mar 26, 2026 ADVANCED TO THIRD READING · upper
  8. Jun 5, 2026 COMMITTED TO RULES · upper

Full text

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