S. 1157 · 109th Congress
Fair Treatment for Precious Metals Investors Act
- Stage
- In committee
- Sponsor
- Mike Crapo
- Introduced
- 2005-05-26
- Latest action
- 2005-05-26 · Introduced in Senate
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.