SB2862 exempts sales of coins, currency, and bullion from sales taxes.
The House passed SB2862 on March 27, 2023, by a vote of 115 to 0. We have assigned pluses to the yeas because this bill is a necessary step toward restoring sound money and enforcing the U.S. Constitution’s monetary provisions. According to Article 1, Section 10, of the Constitution, “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts.” The States can and must act now to protect Americans’ financial freedom and privacy by both ending the Federal Reserve’s unconstitutional monopoly on money and thwarting government plans to impose a Central Bank Digital Currency.