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S07875Introduced in the Senate

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.

IntroducedSenate Rules

Introduced by Andrew Gounardes, District 26

What does this bill do?

Plain-English breakdown

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Official description

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.

Where it stands

COMMITTED TO RULES

June 5, 2026

How did lawmakers vote?

SenateStage: Senate Finance Committee Vote · March 24, 2026

18

Yes

4

No

0

Absent or Not Voting

22 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. REFERRED TO BUDGET AND REVENUE

  2. REPORTED AND COMMITTED TO FINANCE

  3. REFERRED TO BUDGET AND REVENUE

  4. REPORTED AND COMMITTED TO FINANCE

  5. 1ST REPORT CAL.604

  6. 2ND REPORT CAL.

  7. ADVANCED TO THIRD READING

  8. COMMITTED TO RULES

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