Arkansas and Mississippi End Sales Tax on Gold and Silver

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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 …

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

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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 …

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S.1596 – Greatest Generation Memorial Act Passes Senate Unanimously

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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 …

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

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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 …

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

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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. …

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S.697 Harriet Tubman Commemorative Legislation Passed By The Senate

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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 …

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H.R.2404 – Cesar Chavez Commemorative Coins Legislation

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H.R.2404 has been introduced into the House of Representatives as one of the lates coin legislation bills currently in Congress. The bill calls for the create of commemorative coins to honor Cesar Chavez. Cesar Chavez was an American labor leader and civil rights activist. Along with Dolores Huerta, he co-founded the National Farm Workers Association (NFWA), which later merged with the Agricultural Workers Organizing Committee (AWOC) to become the United Farm Workers (UFW) labor union. He lived from March 31, 1927 to April 23, 1993. The …

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Arkansas Governor Hutchinson Signs Bill Providing Sales-Tax Exemption

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The following is a Press Release from the National Coin & Bullion Association (formerly ICTA) announcing that Arkansas Governor Asa Hutchinson has signed into law the tax exemption of sales and use tax for coins, currency, & bullion. The new law goes into effect on October 1, 2021. On May 3, 2021, Arkansas governor Asa Hutchinson signed into law Senate Bill 336, creating an exemption from the sales and use tax for coins, currency, and …

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S.867 – National Women’s Hall of Fame Commemorative Coin Act of 2021 Text Now Available

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After being introduced last month, the test for S.867 – National Women’s Hall of Fame Commemorative Coin Act of 2021 is now available. The bill, as expected, calls for multiple commemorative coins to be produced by the United States Mint in honor of the Hall of Fame. S.867 calls 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 to honor the Hall of …

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S.697 – Harriet Tubman Bicentennial Commemorative Coin Act Details Released

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Senate Bill S.697, the Harriet Tubman Bicentennial Commemorative Coin, has been updated with the text of the bill and coins required if it becomes law. The bill was introduced into the Senate last month and at the time, the General Publishing Office (GPO) had not added the text of the bill on the Congress public site. That has changed now with the full text of the bill available here. S.697 calls for the minting of …

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