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S 1157 109th Congress Senate Taxation Capital gains tax Coins and coinage Finance and Financial Sector Gold Income tax Law Platinum Precious metals Public Lands and Natural Resources Silver Tax rates Trusts and trustees

Fair Treatment for Precious Metals Investors Act

Introduced: May 26, 2005 Introduced by: Crapo, Mike Republican · Idaho See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 26, 2005
Read twice and referred to the Committee on Finance.
May 26, 2005
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now May 26, 2005

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1