Bill > SB748

This bill amends Wisconsin statutes related to sales and use tax exemptions for precious metal bullion, which refers to gold, silver, platinum, or palladium in a minted or cast form that is recognized as a medium of exchange in a country of origin. Specifically, it adds a new exemption category, "(74)", to the existing lists of sales and use tax exemptions for which a seller does not need to obtain a certificate from the buyer to prove the exemption. This means that sales of precious metal bullion will now be automatically exempt from sales and use tax without the seller needing to collect an exemption certificate from the purchaser, simplifying the process for both buyers and sellers of these items.

Budget and Finance

https://docs.legis.wisconsin.gov/2025/proposals/reg/sen/bill/sb748