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- S.2628
S.2628: A bill to amend the Internal Revenue Code of 1986 to treat income earned by mutual funds from exchange-traded funds holding precious metal bullion as qualifying income.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Feb. 13, 2008
- Latest Major Action Feb. 13, 2008
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to treat income earned by mutual funds from interests holding certain gold, silver, platinum, or palladium bullion that are regularly traded on an established U.S. securities market as qualifying income (i.e., passed through and taxed at individual income tax rates).
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Finance.
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Feb. 13, 2008 |
Introduced in the Senate by John Ensign (R-Nev.) |