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HB 729

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Sales and Use Tax - Precious Metal Bullion or Coins - Exemption

Sponsor: Robin L. Grammer, Jr. (District 6)Committee: Ways and MeansSubject: Taxes - Sales and UseStatus: Hearing 2/19 at 1:00 p.m. (as of Sep 4, 2026)

What this bill does

Official synopsis

Altering the definition of 'precious metal bullion or coins' for purposes of eligibility for an exemption from the sales and use tax for the sale of precious metal bullion or coins; and expanding the exemption by repealing requirements that the sale price exceed $1,000 and the sale occur at the Baltimore Convention Center.

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Testimony (2)

MGA witness list
FAV 2Favorable
PositionWitnessOrganizationTestimony
FAVPrice, SarahlobbyistMaryland Retailers AllianceWritten (PDF)
FAVDelegate Grammer, Delegate GrammerlegislatorIndividualOral

Organizations on record

Registered lobbyists who testified

FAVPrice, SarahMaryland Retailers AllianceRegistered for: Maryland Retailers Alliance; Maryland Retailers Association