ICTA - Your Industry Watchdog | News
Hobby loses one of its finest

Diane PiretIt is with our deepest sorrow that we inform you of the death of Diane A. Piret, Industry Affairs Director for the Industry Council for Tangible Assets (ICTA) on Wednesday, April 15, 2015, after a nearly five-year battle against colon cancer.

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Teamwork Defeats Maryland’s Attempt to Repeal Hobby’s Sales-Tax Exemption

Whitman Coin & Collectibles Expo lobbyist Dennis Rasmussen, Maryland numismatic businesses and collectors, and the Industry Council for Tangible Assets (ICTA) collaborated to defeat legislation to repeal the sales-tax exemption for rare coins, paper money, and precious metals.

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Virginia Passes Sales Tax Exemption Bill

A coalition of numismatic businesses, led by John Feigenbaum (David Lawrence Rare Coins), lobbyist Stephen Haner, and the Industry Council for Tangible Assets (ICTA), started working together last summer on legislation to exempt rare coins, paper money, and precious metals from Virginia’s sales and use taxes.

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Counterfeit Cashier's Checks

Numismatic Crime Information Center's Doug Davis reports that the investigation into the recent counterfeit cashier's checks being passed around the country has developed the following information:

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Collectible Coin Protection Act Unanimously Passed

On December 15, 2014, the U.S. Senate passed H.R. 2754: Collectible Coin Protection Act by unanimous consent. Since the bill had been previously passed by the House of Representatives earlier in the session, the Senate action sends the bill to the president. There is no reason to believe that the president will not sign the legislation into law.

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