As you can see from the below article from the Sound Money Defense League, the New Jersey Senate has once again voted unanimously to eliminate tax on Sound Money. In the last session, both the Assembly and Senate were unanimous. The Governor pulled a pocket veto and squashed the bill. While we still need the bill to come out of committee and then to the Assembly for a vote, let’s hope that the Governor signs it this time. And if not the Legislature will push a veto to override the Governor.
Please consider contacting the Commerce, Economic Development and Agriculture committee here.
Please see below from article about New Jersey from the Sound Money Defense League:
(Trenton, New Jersey) — Senators in New Jersey have voted on Senate Bill 721 unanimously to end the sales tax on purchases of gold and silver.
For the second time in four months, the New Jersey Senate has voted unanimously to end their outdated practice of taxing sound money. The Assembly bill, A2812, is expected to receive a hearing before the Commerce, Economic Development and Agriculture committee soon.
Earlier this year, A5294/S1825 had passed out of both committees and both chambers of the New Jersey legislature without a single “no” vote. This popular bill had more than a dozen cosponsors and had unanimous approval in each legislative chamber. Despite this, Gov. Murphy chose not to enact the bill into law.
