S7875 (2025-26 session)
NY State bill
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.
- Title
- Relates to the sales and use tax exemption for certain transactions in precious metal bullion held for investment purposes
- Type
- New York State Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-06-05
- In committee
- Rules
- Introduced
- 2025-05-13
- Same as
- A8511
- Law section
- Tax Law
Sponsors
- Andrew Gounardes State Senator, District 26
Co-sponsors
- Leroy Comrie State Senator, District 14
Heard in committee
- Budget And Revenue NY State Senate committee
- Finance NY State Senate committee
- Rules NY State Senate committee
Same as
- A8511 (2025-26 session) NY State bill
Committee meetings
Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.
- Finance, 2026-03-24 First reading
- Budget And Revenue, 2026-02-10 Referred to committee; referred to Finance
- Budget And Revenue, 2025-05-28 Referred to committee; referred to Finance