US HB1089 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 7 2019 - 25% progression, died in committee
Action: 2019-02-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2019 - 25% progression, died in committee
Action: 2019-02-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Exempts gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes. The exemption applies to gains or losses from the sale or exchange of (1) gold, silver, platinum, or palladium coins minted and issued by the Department of the Treasury; or (2) refined gold or silver bullion, coins, bars, rounds, or ingots which are valued primarily based on their metal content and not their form.
Title
Monetary Metals Tax Neutrality Act of 2019
Sponsors
| Rep. Alexander Mooney [R-WV] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-07 | House | Referred to the House Committee on Ways and Means. |
| 2019-02-07 | House | Introduced in House |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/1089/all-info |
| Text | https://www.congress.gov/116/bills/hr1089/BILLS-116hr1089ih.pdf |
