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United States · Bill · S

S. 1645 (97th)

A bill to let funds in individual retirement accounts be used to purchase collectibles.

openUnited States· United States Congress· EN

Introduced

18 September 1981

Last action

22 September 1981 · Committee

Status

Committee on Finance requested executive comment from OMB; Treasury Department.

Sponsors

Sen. Moynihan, Daniel Patrick [D-NY], Sen. Bentsen, Lloyd M. [D-TX], Sen. Mitchell, George J. [D-ME], Sen. Simpson, Alan K. [R-WY], Sen. Symms, Steven D. [R-ID], Sen. Durenberger, Dave [R-MN], Sen. Baucus, Max [D-MT], Sen. DeConcini, Dennis [D-AZ]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Official sourceView documentsShare

Summary

Amends the Internal Revenue Code to permit funds in an individual retirement account to be invested in collectibles (e.g., artwork, antiques, etc.).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 18 September 1981

    Introduced

    Introduced in Senate

    Source: IntroReferral

  2. 18 September 1981

    Introduced

    Read second time and referred to Senate Committee on Finance.

    Source: IntroReferral

  3. 22 September 1981

    Committee

    Committee on Finance requested executive comment from OMB; Treasury Department.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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