US SB1769 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on October 8 2009 - 25% progression, died in chamber
Action: 2009-10-08 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 8 2009 - 25% progression, died in chamber
Action: 2009-10-08 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Summary
Options for Investors through United States Certified Coins Act of 2009 - Amends the Internal Revenue Code to permit holders of individual retirement accounts (IRAs) or individually-directed pension plans to invest in coins that: (1) are certified by an independent, third-party grading service; (2) are, or were at any time, legal tender in the United States; and (3) are traded on a nationally recognized electronic coin trading network or listed by an independent coin wholesale reporting service. Permits trustees of IRAs or individually-directed pension plans that invest in coins or bullion to hold an indicia of ownership for such coins or bullion in lieu of physical possession under certain circumstances.
Title
Options for Investors through United States Certified Coins Act of 2009
Sponsors
| Sen. David Vitter [R-LA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-10-08 | Read twice and referred to the Committee on Finance. |
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/senate-bill/1769/all-info |
| Text | https://www.congress.gov/111/bills/s1769/BILLS-111s1769is.pdf |
