Let us help you recover valuable metals. 888-437-1187

Magazine

Legislation & Regulation

Legislative and Regulatory Update

Extremist groups are at it again
As can be expected, environmental extremist groups have filed suit to stop another mining project. This time, it’s the Excellon Idaho Gold’s Kilgore Gold Exploration Project in Clark County, Idaho.

Some of the usual suspects are involved—the Idaho Conservation League and the Greater Yellowstone Coalition.

The groups claim the Forest Service violated environmental laws when they approved exploratory drilling. They claim the Forest Service should have opted for a complete Environmental Impact Statement (EIR) rather than following an Executive Order issued by former President Trump that expedited the review process.

• No sales tax on precious metals in Tennessee
Tennessee became the 42nd state to eliminate sales taxes on precious metals on May 27th.

Lead bill sponsor Bud Hulsey said, “I’ve been working to free gold and silver from sales taxes in Tennessee since my kids were in elementary school. The Sound Money Defense League, in-state dealers, and folks all across Tennessee made their voices heard and helped get this bill across the finish line.”

The only states that still tax precious metal coins and bullion are Vermont, New Jersey, Maine, Kentucky, Wisconsin, New Mexico, Mississippi and Hawaii. The District of Columbia also taxes physical gold and silver purchases.

© ICMJ's Prospecting and Mining Journal, CMJ Inc.
Next Article »« Previous Article

Add a Comment

Additional articles that might interest you...

MMAC Update


After many decades of closures, land-use restrictions, and over-regulation, miners and all other public land users may finally see some real relief due to the efforts of MMAC.

Clarification on Oregon's SB838


The 100-yard restriction in SB838 actually applies to all motorized mining for the purpose of extracting gold, silver or any other precious metal that results in the disturbance of vegetation.

Legislative and Regulatory Update


• WOTUS
• Sheriff withdraws Forest Service law enforcement authority

Obama Administration Moves to Block Mining Near Yellowstone


Republicans and industry representatives have criticized the administration’s eleventh-hour actions to limit development and promised to seek their reversal once Obama leaves office.

Significant Progress for California Suction Gold Dredgers


It was a milestone day in the battle to maintain the rights of miners to dredge on federal mining claims in California.

Contact Information for Oregon Senators


Phone or email these Senators and politely express your thoughts and opinions on the pending legislation. (See Legislative and Regulatory Update for more information on the pending legislation.)

Legislative and Regulatory Update


  • Property rights advocate in running for top BLM spot
  • “Draining the swamp” at Interior

Subscription Required:
The Bawl Mill   • Ask The Experts - Micron gold: how much to equal an ounce?   • Ask The Experts - How do I properly denote a mining claim? Can I use GPS coordinates?   • The Forms of Crystalline Gold   • Evolution Of A Desert Wash Plant   • Gleaning for Gold   • Making the Jump to Electronic Prospecting   • The Info Is Out There   • Gold: Is It Everywhere?   • Blast From The Past: Gold of the Common Man   • Thieves Make Off with Tons of Gold & Silver Ore   • Mining Stock Quotes and Mineral & Metal Prices   • Gold, Silver & Stocks—How Do I Decide Where to Invest?   • New Mexico Reaches $32M Settlement Over 2015 Gold King Mine Spill   • Our Readers Say

Free:
The History of Mining Claims   • PLP Update

Advertisements

Precious Metals Recovery plants and equipment
Fighting to keep public lands open to the public
Specializing in the processing of precious metal ores!
Watch prospecting shows on your computer right now
Free Online Sample Issue