# Virginia SB1321: Retail Sales and Use Tax; exempts gold, silver, or platinum bullion, extends sunset.

Virginia SB1321, Retail Sales and Use Tax; exempts gold, silver, or platinum bullion, extends sunset., is a 2025 Regular Session Senate bill sponsored by Timmy French (Republican); status failed, last action 2025-02-05 (Left in Finance and Appropriations) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/VA-SB1321-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Virginia SB1321
- State: Virginia
- Session: 2025 Regular Session
- Title: Retail Sales and Use Tax; exempts gold, silver, or platinum bullion, extends sunset.
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-10
- Last action: 2025-02-05, Left in Finance and Appropriations
- Sponsor: Timmy French (Republican)
- Cosponsors: 0
- Subjects: Finance and Appropriations
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

Retail sales and use tax; exemptions; gold, silver, or platinum bullion; sunset. Extends to June 30, 2032, the exemption from the retail sales and use tax for gold, silver, or platinum bullion and legal tender coins. The exemption is currently set to expire on June 30, 2025.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Timmy French (Republican), Senate

## Actions (5)

- 2025-02-05: Left in Finance and Appropriations (Senate)
- 2025-01-18: Impact statement from TAX (SB1321) (Senate)
- 2025-01-10: Introduced bill reprinted 25104776D (Senate)
- 2025-01-10: Referred to Committee on Finance and Appropriations (Senate)
- 2025-01-10: Prefiled and ordered printed; Offered 01-10-2025 25104776D (Senate)

## Bill text

- Introduced, 2025-01-10: [HTML](https://lis.blob.core.windows.net/files/1018777.HTML), [PDF](https://lis.blob.core.windows.net/files/1018776.PDF)

## Related bills

- HR671: Commending JR's Auto Care. (adopted)
- SB941: Robbery; use of air or gas operated weapon, etc., penalty. (failed)
- HB1746: Public safety officer; definition. (failed)
- HB1600: Budget Bill. (failed)
- SB1449: Data centers; site assessment for high energy use facility. (failed)
- HB1609: Essential health benefits benchmark plan; Commission to consider coverage for infertility treatment. (to governor)

## Sources
- [Introduced (HTML)](https://lis.blob.core.windows.net/files/1018777.HTML)
- [Introduced (PDF)](https://lis.blob.core.windows.net/files/1018776.PDF)

## Related
- [HR671: Commending JR's Auto Care.](https://policyrisk.com/state-bill/VA-HR671-2025)
- [SB941: Robbery; use of air or gas operated weapon, etc., penalty.](https://policyrisk.com/state-bill/VA-SB941-2025)
- [HB1746: Public safety officer; definition.](https://policyrisk.com/state-bill/VA-HB1746-2025)
- [HB1600: Budget Bill.](https://policyrisk.com/state-bill/VA-HB1600-2025)
- [SB1449: Data centers; site assessment for high energy use facility.](https://policyrisk.com/state-bill/VA-SB1449-2025)
- [HB1609: Essential health benefits benchmark plan; Commission to consider coverage for i…](https://policyrisk.com/state-bill/VA-HB1609-2025)
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- [Virginia state hub](https://policyrisk.com/states/virginia)
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Source: PRIA, https://policyrisk.com/state-bill/VA-SB1321-2025 (as of 2026-10-17).