HB 2115 Washington House · 2025-2026 Regular Session

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