Committee: Ways and Means EducationSponsor: Melson
Analyst: JT MathisDate: 03/14/2022

FISCAL NOTE

Senate Bill 13 as passed the Senate would decrease potential receipts to the Education Trust Fund, State General Fund, county funds and municipal funds by an undetermined amount by extending the current sales and use tax exemption on bullion or money until May 31, 2028.

In addition, this bill exempts any person or company receiving the sales and use tax exemption provided by this bill from the requirement to file a report to the Department of Revenue regarding this exemption.


 Danny Garrett, Chair
Ways and Means Education