Virginia HB 3: Gold, silver, and platinum bullion, etc.; extends sunset date for the sales tax exemption.

Bill Text

VIRGINIAACTSOFASSEMBLY--2022SESSION
CHAPTER12
An Act to amend and reenact § 58.1-609.1 of the Code of Virginia, relating to sales tax exemption;
gold, silver, and platinum bullion.
[H3]
ApprovedMarch2,2022
Be it enacted by the General Assembly of Virginia:
1. That §58.1-609.1 of the Code of Virginia is amended and reenacted as follows:
§58.1-609.1. Governmental and commodities exemptions.
The tax imposed by this chapter or pursuant to the authority granted in §§ 58.1-605 and 58.1-606
shall not apply to the following:
1. Fuels which are subject to the tax imposed by Chapter 22 (§ 58.1-2200 et seq.). Persons who are
refunded any such fuel tax shall, however, be subject to the tax imposed by this chapter, unless such
taxes would be specifically exempted pursuant to any provision of this section.
2. Motor vehicles, trailers, semitrailers, mobile homes and travel trailers.
3. Gas, electricity, or water when delivered to consumers through mains, lines, or pipes.
4. Tangible personal property for use or consumption by the Commonwealth, any political
subdivision of the Commonwealth, or the United States. This exclusion shall not apply to sales and
leases to privately owned financial and other privately owned corporations chartered by the United
States. Further, this exemption shall not apply to tangible personal property which is acquired by the
Commonwealth or any of its political subdivisions and then transferred to private businesses for their
use in a facility or real property improvement to be used by a private entity or for nongovernmental
purposes other than tangible personal property acquired by the Herbert H. Bateman Advanced
Shipbuilding and Carrier Integration Center and transferred to a Qualified Shipbuilder as defined in the
third enactment of Chapter 790 of the 1998 Acts of the General Assembly.
5. Aircraft subject to tax under Chapter 15 (§58.1-1500 et seq.).
6. a. Motor fuels and alternative fuels for use in a commercial watercraft, as defined in § 58.1-2201,
upon which a fuel tax is refunded pursuant to §58.1-2259.
b. Fuels transactions upon which a fuel tax is refunded pursuant to subdivision A 22 of §58.1-2259.
7. Sales by a government agency of the official flags of the United States, the Commonwealth of
Virginia, or of any county, city or town.
8. Materials furnished by the State Board of Elections pursuant to §§24.2-404 through 24.2-407.
9. Watercraft as defined in §58.1-1401.
10. Tangible personal property used in and about a marine terminal under the supervision of the
Virginia Port Authority for handling cargo, merchandise, freight and equipment. This exemption shall
apply to agents, lessees, sublessees or users of tangible personal property owned by or leased to the
Virginia Port Authority and to property acquired or used by the Authority or by a nonstock, nonprofit
corporation that operates a marine terminal or terminals on behalf of the Authority.
11. Sales by prisoners confined in state correctional facilities of artistic products personally made by
the prisoners as authorized by §53.1-46.
12. Tangible personal property for use or consumption by the Virginia Department for the Blind and
Vision Impaired or any nominee, as defined in §51.5-60, of such Department.
13. [Expired.]
14. Tangible personal property sold to residents and patients of the Virginia Veterans Care Center at
a canteen operated by the Department of Veterans Services.
15. Tangible personal property for use or consumption by any nonprofit organization whose members
include the Commonwealth and other states and which is organized for the purpose of fostering
interstate cooperation and excellence in government.
16. Tangible personal property purchased for use or consumption by any soil and conservation
district which is organized in accordance with the provisions of Article 3 (§ 10.1-506 et seq.) of Chapter
5 of Title 10.1.
17. Tangible personal property sold or leased to Alexandria Transit Company, Greater Lynchburg
Transit Company, GRTC Transit System, or Greater Roanoke Transit Company, or to any other transit
company that is owned, operated, or controlled by any county, city, or town, or any combination
thereof, that provides public transportation services, and/or tangible personal property sold or leased to
any county, city, or town, or any combination thereof, that is transferred to any of the companies set
forth in this subdivision owned, operated, or controlled by any county, city, or town, or any combination
thereof, that provides public transportation services.
18. (Expires July 1, 2022) Qualified products designated as Energy Star or WaterSense with a sales

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price of $2,500 or less per product purchased for noncommercial home or personal use. The exemption
provided by this subdivision shall apply only to sales occurring during the three-day period that begins
each year on the first Friday in August and ends at 11:59 p.m. on the following Sunday.
For the purposes of this exemption, an Energy Star qualified pr