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Virginia extends gold and silver tax exemption hours before midnight expiration
From the Sound Money Defense League
via MoneyMetals.com, Eagle, Idaho
Tuesday, June 30, 2026
With Virginia Gov. Abigail Spanberger's signature on the state budget bill last night, Virginia has officially extended the sales tax exemption for purchases of gold and silver until 2028.
Virginia's sales tax exemption on gold, silver, and platinum bullion or legal tender coins was scheduled to sunset on June 30, 2026. However, the Sound Money Defense League and Money Metals Exchange helped prompt thousands of in-state grassroots activists to push back, persuading key members of the legislature to extend the exemption.
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House Bill 30, the state's budget bill for biennium 2026-2028, was the focal point as the lack of an enacted budget would result in a state government shutdown on July 1. After receiving immense grassroots pressure from investors, businesses, and activists, the sales tax exemption extension was included in the budget bill that the governor signed at the 11th hour. ...
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