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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
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
Role
Legislator
Party
State
District
P
Joe Pavlov
RRepublican
Co
Jim DeSana
RRepublican
Co
Joseph Fox
RRepublican
Co
Steve Carra
RRepublican
Co
Tim Kelly
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 5129
Scope: MI
Hi! I can help you understand HB 5129. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline