US SB1367 | 2009-2010 | 111th Congress

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on June 25 2009 - 25% progression, died in chamber
Action: 2009-06-25 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]

Summary

Fair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to treat bullion (e.g., gold, silver, platinum, and palladium) as a long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.

Tracking Information

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Title

Fair Treatment for Precious Metals Investors Act

Sponsors


History

DateChamberAction
2009-06-25 Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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