Options for Investors through United States Certified Coins Act of 2007

Summary

Options for Investors through United States Certified Coins Act of 2007 - Amends the Internal Revenue Code to permit holders of individual retirement accounts (IRAs) or individually-directed pension plans to invest in coins that: (1) are certified by an independent, third-party grading service; (2) are, or were at any time, legal tender in the United States; and (3) are traded on a nationally recognized electronic coin trading network or listed by an independent coin wholesale reporting service. Permits trustees of IRAs or individually-directed pension plans that invest in coins or bullion to hold an indicia of ownership for such coins or bullion in lieu of physical possession under certain circumstances.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 25 May 2007

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 25 May 2007

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• Introduced in Senate

  summary · EN · 25 May 2007

  Open at official source

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