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FISCAL NOTE
Senate Bill 297
Committee: Ways and Means Education Sponsor: Senator Tim Melson
Analyst: Riley Aaron Date: 05/01/2024
Senate Bill 297 as passed the Senate would exempt from income taxes any net capital gains
derived from the exchange of precious metal bullion, which could decrease receipts to the
Education Trust Fund, beginning in Fiscal Year 2026, by an undetermined amount dependent
upon the amount gains derived from the exchanges.