Mississippi Senate Bill 2966 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 22 2023 - 100% progression
Action: 2023-02-22 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act Relating To Gold And Silver Bullion; To Amend Section 27-7-9, Mississippi Code Of 1972, To Provide That Capital Gain On The Sale Or Exchange Of Gold Or Silver Bullion Is Exempt From State Income Tax; To Amend Section 27-65-111, Mississippi Code Of 1972, To Exempt Sales Of Investment Grade Gold Or Silver Bullion From The Mississippi Sales Tax; To Amend Section 27-105-33, Mississippi Code Of 1972, To Authorize And Direct The State Treasurer To Invest No Less Than One Percent (1%) Of State Surplus Funds In Gold Or Silver Bullion And To Establish The Mississippi Bullion Depository With The Office Of State Treasurer For This Purpose; And For Related Purposes.

Gold and silver bullion; exempt sales from taxation and capital gain and require State Treasurer to invest.

Sen. Melanie Sojourner [R]

Date	Chamber	Action
2023-02-22	Senate	Died In Committee
2023-02-13	Senate	Referred To Finance

Chapter	Article	Section	Citation Type	Statute Text
27	105	33	Amended Code	See Bill Text
27	65	111	Amended Code	See Bill Text
27	7	9	Amended Code	See Bill Text

Type	Source
Summary	https://billstatus.ls.state.ms.us/2023/pdf/history/SB/SB2966.xml
Text	https://billstatus.ls.state.ms.us/documents/2023/html/SB/2900-2999/SB2966IN.htm