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MarylandHB 05002026 Regular SessionHouseWALLET

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

Sponsored By: Wayne A. Hartman (Republican)

Signed by Governor

Taxes - Sales and UseExemptionsPrecious Metals and StonesPrices -see also- Consumer Price IndexSales and Use Tax

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

No sales tax on bullion and coins

Beginning July 1, 2026, you do not pay Maryland sales and use tax on precious metal bullion or coins. There is no $1,000 minimum purchase needed. The sale does not have to happen at the Baltimore Convention Center. The law defines what qualifies: refined precious metal sold mainly for its metal value, and monetized bullion or coins used as money. Jewelry or art pieces made from precious metals do not qualify for the exemption.

Sponsors & Cosponsors

Sponsor

  • Wayne A. Hartman

    Republican • House

Cosponsors

  • H. Kevin Anderson

    Republican • House

  • Steven J. Arentz

    Republican • House

  • Terry L. Baker

    Republican • House

  • Jason C. Buckel

    Republican • House

  • Brian Chisholm

    Republican • House

  • Barrie S. Ciliberti

    Republican • House

  • Mark N. Fisher

    Republican • House

  • Mike Griffith

    Republican • House

  • Kevin B. Hornberger

    Republican • House

  • Jay A. Jacobs

    Republican • House

  • Nicholaus R. Kipke

    Republican • House

  • April Miller

    Republican • House

  • LaToya Nkongolo

    Republican • House

  • Robert B. Long

    Republican • House

  • Teresa E. Reilly

    Republican • House

  • Todd B. Morgan

    Republican • House

  • Chris Tomlinson

    Republican • House

  • William Valentine

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 196 • No: 111

Senate vote • 4/13/2026

Third Reading Passed

Yes: 45 • No: 0 • Other: 2

House vote • 4/9/2026

Floor Amendment {173629/1 (Delegate Grammer) Rejected

Yes: 18 • No: 111 • Other: 7

House vote • 4/9/2026

Third Reading Passed

Yes: 133 • No: 0 • Other: 3

Actions Timeline

  1. Approved by the Governor - Chapter 729

    5/26/2026

  2. Returned Passed

    4/13/2026House

  3. Third Reading Passed (45-0)

    4/13/2026Senate

  4. Second Reading Passed

    4/13/2026Senate

  5. Favorable Adopted

    4/13/2026Senate

  6. Favorable Report by Budget and Taxation

    4/13/2026Senate

  7. Rereferred to Budget and Taxation

    4/13/2026Senate

  8. Referred Rules

    4/10/2026Senate

  9. Third Reading Passed (133-0)

    4/9/2026House

  10. Second Reading Passed with Amendments

    4/9/2026House

  11. Floor Amendment {173629/1 (Delegate Grammer) Rejected (18-111)

    4/9/2026House

  12. Motion Special Order until Later This Session (Delegate Grammer) Adopted

    4/9/2026House

  13. Favorable with Amendments {123026/1 Adopted

    4/9/2026House

  14. Favorable with Amendments Report by Ways and Means

    4/9/2026House

  15. Hearing 2/12 at 1:00 p.m.

    1/27/2026House

  16. First Reading Ways and Means

    1/27/2026House

Bill Text

  • Enacted

    5/26/2026

    PDF

  • Third Reading

    4/9/2026

    PDF

  • First Reading

    1/27/2026

    PDF

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