S 1546
110th 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
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2007
Read twice and referred to the Committee on Finance.
Jun 5, 2007
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1