H.R.2883: Fair Treatment for Precious Metals Investors Act

About This Bill

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
Referred to the House Committee on Ways and Means.
June 27, 2007

Introduced in the House by Shelley Berkley (D-Nev.)

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