BILL · 2009–10 SESSION

HB 1297: Metals sale excise tax

Concerning the excise taxation of bullion and rare earth metals.

Summary

Exempts from business and occupation (B&O) manufacturing tax, activities relating to melting and reforming of precious metal bullion.
Specifies that B&O tax only applies to income in excess of the market price of precious metal bullion, monetized bullion, or rare earth metals and allows deduction for delivery costs, including insurance.

From the House Bill Analysis 2009 (HB 1297), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to the excise taxation of the sale of metals for investment purposes;

No recorded floor votes. This measure never reached a floor vote.

Bill numbers restart every two years, so the same number is a different bill in each session.

HB 1297 (2025–26) Child support/self-employed · Did not pass · died in committee
HB 1297 (2023–24) Geoduck task force · Did not pass · died in committee
HB 1297 (2021–22) Working families tax exempt. · Enacted · Chapter 195, Laws of 2021
HB 1297 (2019–20) LEOFF credit recovery/PERS · Did not pass · died in committee
HB 1297 (2017–18) Distillery promotional items · Did not pass · died in committee
HB 1297 (2015–16) Trans sup budget 2013-2015 · Did not pass · died in committee
HB 1297 (2013–14) Sunshine committee · Did not pass · died in committee
HB 1297 (2011–12) Water right beneficial use · Did not pass · stalled on the House floor