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---
type: "Bill"
title: "Gold, silver, and platinum bullion, etc.; extends sunset date for the sales tax exemption."
description: "Sales tax exemption; gold, silver, and platinum bullion. Extends the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins whose sales price exceeds $1,000 to June 30, 2025. Under current law, the exemption will expire on June 30, 2022."
jurisdiction: "us/states/va"
legislature: "Virginia General Assembly"
session: "2022"
identifier: "SB 26"
citation: "Virginia SB 26 (2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Frank M. Ruff, Jr."]
version_count: 4
action_count: 28
vote_count: 5
first_action: "2021-12-22"
last_action: "2022-04-11"
source: "openstates"
source_identifier: "ocd-bill/103a4e7e-d03e-4b4d-90e3-cbacdc86d3e5"
source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+SB26"
source_hash: "8adc0b09bffa1c138a3a2afc91b96554f27c3cdf39f1a661c56ea2326ef5523e"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-va"]
---
# Virginia SB 26 (2022) — Gold, silver, and platinum bullion, etc.; extends sunset date for the sales tax exemption.
Sales tax exemption; gold, silver, and platinum bullion. Extends the sunset date for the sales tax exemption for gold, silver, and platinum bullion and legal tender coins whose sales price exceeds $1,000 to June 30, 2025. Under current law, the exemption will expire on June 30, 2022.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **CHAP0634** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+CHAP0634)
2. **Prefiled and ordered printed; offered 01/12/22 22100983D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB26)
3. **Printed as engrossed 22100983D-E** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB26E)
4. **SB26ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+SB26ER)
## Votes
- Reported from Finance (19-Y 3-N) — **193** (pass) · lower
- Reported from Finance and Appropriations with amendment (14-Y 1-N) — **141** (pass) · upper
- Read third time and passed Senate (40-Y 0-N) — **400** (pass) · upper
- VOTE: Passage (83-Y 14-N) — **8214** (pass) · lower
- Constitutional reading dispensed (39-Y 0-N) — **390** (pass) · upper
## Sponsors
- Frank M. Ruff, Jr. — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-12-22** Prefiled and ordered printed; offered 01/12/22 22100983D `introduction`
- **2021-12-22** Referred to Committee on Finance and Appropriations `referral-committee`
- **2022-01-20** Impact statement from TAX (SB26)
- **2022-01-26** Senate committee, floor amendments and substitutes offered
- **2022-01-26** Reported from Finance and Appropriations with amendment (14-Y 1-N) `committee-passage`
- **2022-01-27** Constitutional reading dispensed (39-Y 0-N)
- **2022-01-28** Read second time `reading-2`
- **2022-01-28** Reading of amendment waived
- **2022-01-28** Committee amendment agreed to
- **2022-01-28** Engrossed by Senate as amended SB26E
- **2022-01-28** Printed as engrossed 22100983D-E
- **2022-01-31** Read third time and passed Senate (40-Y 0-N) `passage, reading-3`
- **2022-02-17** Impact statement from TAX (SB26E)
- **2022-02-18** Placed on Calendar
- **2022-02-18** Read first time `reading-1`
- **2022-02-18** Referred to Committee on Finance `referral-committee`
- **2022-02-21** Reported from Finance (19-Y 3-N) `committee-passage`
- **2022-02-23** Read second time `reading-2`
- **2022-02-24** Read third time `reading-3`
- **2022-02-24** Passed House (83-Y 14-N) `passage`
- **2022-02-24** VOTE: Passage (83-Y 14-N)
- **2022-02-28** Enrolled
- **2022-02-28** Signed by President
- **2022-02-28** Signed by Speaker
- **2022-03-01** Impact statement from TAX (SB26ER)
- **2022-03-11** Enrolled Bill Communicated to Governor on March 11, 2022
- **2022-03-11** Governor's Action Deadline 11:59 p.m., April 11, 2022
- **2022-04-11** Approved by Governor-Chapter 634 (effective 7/1/22) `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/103a4e7e-d03e-4b4d-90e3-cbacdc86d3e5`. Confidence: reported (aggregated from official Virginia legislature records).