Arkansas and Mississippi End Sales Tax on Gold and Silver

bullion gold gold bars golden

Arkansas and Mississippi have become the latest states to eliminate sales tax on gold and silver purchases within the respective states. The measures in each state, backed by the Sound Money Defense League, passed in overwhelming manners and have been signed into law in both states. The legislation in both states means that only seven states in the United States now charge sales tax on purchasing gold and silver. The Arkansas Legal Tender Act, introduced …

Continue Reading

H.R.1057 – Greatest Generation Commemorative Coin Act Signed By President Biden

Seal of the President of The United States

Last week, President Biden signed H.R. 1057, the Greatest Generation Commemorative Coin Act, into law. The President was presented the bill on August 2nd and signed it on August 3rd. The Act now is known as Public Law 117-162. You can read the full text of the new law here. Previously, the bill had been known as the National World War II Memorial Commemorative Act, but the final legislation took on the name of the …

Continue Reading

H.R. 1842 – Harriett Tubman Commemorative Coin Act Signed By President Biden

Seal of the President of The United States

Last week, President Biden signed into law H.R. 1842, the Harriett Tubman Commemorative Coin Act. The Act is now known as Public Law 117-163 and you can read the full text of the law here. President Biden was presented the Act on August 2nd and signed it the following day. H.R. 1842 called for the minting of 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 Half Dollar clad commemorative coins to be produced …

Continue Reading

H.R. 1842 – Harriett Tubman Commemorative Coin Act Passes House

Seal of The United States Congress

H.R. 1842 – Harriett Tubman Commemorative Coin Act has now passed both the House of Representatives and the United States Senate. It is now eligible for signature by President Biden and could become law as soon as this week. The bill, which the House passed by unanimous voice vote, mirrors the Senate’s version of the bill, S.697. That bill passed the United States Senate back in February. H.R. 1842 calls for the minting of 50,000 …

Continue Reading

H.R.1057 – Greatest Generation Commemorative Coin Act Passes House & Senate

Seal of The United States Congress

H.R. 1057, the Greatest Generation Commemorative Coin Act, quickly passed the House of Representatives and the United States Senate last week. The bill, which will now be sent to President Biden for signature, could become law as early as this week. Previously, the bill had been known as the National World War II Memorial Commemorative Act, but the final legislation took on the name of the Senate version of the bill. This latest coin and …

Continue Reading

S.1596 – Greatest Generation Memorial Act Passes Senate Unanimously

United States Capitol

The United States Senate has passed S.1596, the Greatest Generation Memorial Act. The new coin legislation was introduced and passed within days in the Senate, a rare event in the Senate or House of Representatives. The bill, which was introduced by Senator Mike Rounds (R-SD) on May 12, 2022 and passed the Senate just a few days later on May 16, 2022, was pass unanimously by the Senate. The bill is now going to the …

Continue Reading

H.R. 7496 – James Weldon Johnson Commemorative Coin Act

House of Representatives Seal

Representative Al Lawson Jr, (D-FL) has introduced H.R. 7496, the James Weldon Johnson Commemorative Coin Act, into the House of Representatives for voting and hopeful passage into law. The bill, the latest coin legislation to be launched, was introduced on April 7, 2022 to the House by Representative Lawson. James Weldon Johnson was a towering figure in the African-American community, founding the first African-American newspaper in Florida and in 1897, became the first African-American to …

Continue Reading

Coin Legislation: H.R.6681 – 100th Anniversary of The Lincoln Memorial Commemorative Coin Act

Seal of The House of Representatives

New legislation has been introduced into the House of Representatives for a new silver dollar commemorative coin honoring the 100th anniversary of the Lincoln Memorial in Washington, D.C. The bill, H.R.6681, was introduced to the House on February 9, 2022 by Representative Raja Krishnamoorthi (D-IL) and currently has only been introduced. No further actions or co-sponsors have been indicated on the bill. You can follow the details on this bill on the Congress official website. …

Continue Reading

S.697 Harriet Tubman Commemorative Legislation Passed By The Senate

Seal of The United States Senate

The United States Senate has passed without objection or amendment bill S.697, legislation that calls for the creation of a Harriet Tubman commemorative coin series. The legislation has now been sent to the House or Representatives for their vote. Assuming that the House passes the bill, it will be sent to President Biden for signature to become law. The bill was introduced in March 2021 and has been in committee for the vast majority of …

Continue Reading

H.R.5601 – Erie Canal Bicentennial Commemorative Coin Act

Seal of The House of Representatives

The United States House of Representatives has a new coin legislation act to consider in H.R.5601 – Erie Canal Bicentennial Commemorative Coin Act. The bill, introduced by Representative Claudia Tenney (R-NY) calls for the Department of the Treasury to mint and issue 50,000 $5 gold coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins in recognition of the bicentennial of the Erie Canal. The commemorative coins would be released in 2025, the 200th anniversary …

Continue Reading