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- H.R.1772
H.R.1772: Fair Treatment for Precious Metals Investors Act
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced April 21, 2005
- Latest Major Action April 21, 2005
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
15 (All Republicans)
Bill 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.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
|
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April 21, 2005 |
Introduced in the House by John D. Hayworth (R-Ariz.) |