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.

referredUnited States· United States Congress· EN

Introduced

27 September 2006

Last action

—

Status

Referred to the House Committee on Ways and Means.

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).

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Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 27 September 2006
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Introduced in House (PDF)
Introduced in House · EN · 27 September 2006
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Introduced in House
summary · EN · 27 September 2006
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Sources

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Official source: https://www.congress.gov/bill/109th-congress/house-bill/6207
Open data entity: https://api.congress.gov/v3/bill/109/hr/6207