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S 1367 111th Congress Senate

Fair Treatment for Precious Metals Investors Act

Official title: A bill to amend the Internal Revenue Code of 1986 to treat gold, silver, platinum, and palladium, in either coin or bar form, in the same manner as equities an… Show full official titleShow less

Official title: A bill to amend the Internal Revenue Code of 1986 to treat gold, silver, platinum, and palladium, in either coin or bar form, in the same manner as equities and mutual funds for purposes of the maximum capital gains rate for individuals.

Introduced: June 25, 2009 Introduced by: Crapo, Mike Republican · Idaho See on congress.gov
Taxation Capital gains taxFinancial services and investmentsIncome tax ratesMetals
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2009
Read twice and referred to the Committee on Finance.
Jun 25, 2009
Introduced in Senate
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 Latest action June 25, 2009

Read twice and referred to the Committee on Finance.

 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Risch, James E.
Idaho · Jun 25, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1367: Fair Treatment for Precious Metals Investors Act. 111th Congress. Open America. https://openamerica.io/bill/111-S-1367/
MLA
"S. 1367: Fair Treatment for Precious Metals Investors Act." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-1367/.
Bluebook (legal)
S. 1367, 111th Cong. (2026), https://openamerica.io/bill/111-S-1367/.
Markdown link
[S. 1367: Fair Treatment for Precious Metals Investors Act](https://openamerica.io/bill/111-S-1367/)
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