HB 5129 Michigan House · 2025-2026 Regular Session

Sales tax: exemptions; exemptions for the sale of investment coins and bullion; modify. Amends sec. 4s of 1933 PA 167 (MCL 205.54s). TIE BAR WITH: HB 5130'25, HB 5129'25

HB 5129 updates Michigan's sales tax law to exempt purchases of investment coins and bullion from tax. It expands the definition of "bullion" to include gold, silver, or platinum films/leafs (50%+ metal content) used as currency (but not legal tender) starting January 1, 2026, while maintaining the 90% purity standard for other bullion. This directly affects buyers of these specific precious metal products, including new film-based items, by removing sales tax. The bill requires passage of companion bill HB 5130 to take effect.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
Governor
Introduced Oct 23, 2025 Last action Oct 28, 2025
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Full legislative history

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Total actions
4
Key actions
0
Committee
1
Oct 23, 2025
Committee
referred to Committee on Finance
lower
Oct 23, 2025
Introduced
introduced by Representative Rep. Joseph Pavlov
lower
1 primary · 4 co-sponsors

Sponsors