Restoring the 1985 tax exemptions for the sale of precious metals and bullion.
HB 2115 restores a 1985 tax exemption that removes sales tax from transactions involving precious metal bullion (like gold, silver, platinum, and palladium) and monetized bullion (coins or money made from precious metals). It directly affects businesses selling these items by exempting the bullion itself from state sales tax, though tax applies only to commissions earned on transactions. The bill defines "precious metal bullion" as refined metals (not items like jewelry) and excludes such sales from tax calculations under Washington’s tax code. It applies retroactively from January 1, 2026, to correct a 2025 repeal of the original exemption.
Bill status
in committee
1 of 4 stages cleared
Introduction
Dec 2025
Committee Review
Floor Vote
Governor
Introduced Dec 8, 2025
Last action Jan 12, 2026
Floor votes
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No floor votes recorded yet.
Full legislative history
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Total actions
2
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0
Committee
0
1 primary · 17 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Amy Walen
DDemocratic
Co
Andrew Barkis
RRepublican
Co
Andrew Engell
RRepublican
Co
April Connors
RRepublican
Co
Chris Corry
RRepublican
Co
Cyndy Jacobsen
RRepublican
Co
Dan Griffey
RRepublican
Co
Ed Orcutt
RRepublican
Co
Jeremie Dufault
RRepublican
Co
Mari Leavitt
DDemocratic
Co
Michelle Valdez
RRepublican
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