(Richmond, Virginia - January 25, 2022) - Members of the Virginia House of Delegates have voted overwhelmingly to keep gold and silver purchases tax-free in the Commonwealth.
Last week, House Bill 3, sponsored by Del. Ware, reported out of the House Finance Committee with a 19-2 vote.
Earlier today, the House of Delegates voted to keep the existing sales tax exemption in place by extending the sunset date until 2027.
After passage in the House, House Bill 3 will now be transmitted to the Senate.
For more information on HB 3, click here.
About the Author
Jp Cortez is the Executive Director of the Sound Money Defense League, an organization working to remonetize gold and silver through nationwide legislative efforts. He is a graduate of Auburn University and a resident of Charlotte, North Carolina. Jp is the lead author of the Sound Money Index. Follow him on X (Twitter) @JpCortez27.
