New York · 2025 Regular Session · Bill

S 7875: Relates to the sales and use tax exemption for certain transactions in precious metal bullion held for investment purposes

In committee Last action June 5, 2026: COMMITTED TO RULES

Plain-language summary

S 7875 is a bill introduced in the New York Senate on May 13, 2025. According to its official title, it concerns: Relates to the sales and use tax exemption for certain transactions in precious metal bullion held for investment purposes. Primary sponsor: Andrew Gounardes (Democratic). It lists 1 additional sponsor. Most recent recorded action (June 5, 2026): COMMITTED TO RULES.

Sponsors

Primary sponsor: Andrew Gounardes (Democratic). 1 co-sponsor.