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H.R. 2883, The Fair Treatment for Precious Metals Investors Act
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing original version (created by webmaster) with revision saved on July 12, 2007, 18:18:17 (webmaster):
H.R. 2883 would 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.
== Detailed Summary ==
<summary>
(Log inFair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to edit the wikitreat bullion (e.g., gold, silver, platinum, and be the first to providepalladium) as a detailed summary of the bill!)long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.
</summary>
<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->
== Status of the Legislation ==
<status>
(Log inLatest Major Action: 6/27/2007: Referred to House committee. Status: Referred to edit the wikiHouse Committee on Ways and be the first to update the status of the bill!)Means.
</status>
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== Points in Favor ==
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== Points Against ==
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