Options for Investors through United States Certified Coins Act of 2009

Summary

Options for Investors through United States Certified Coins Act of 2009 - 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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Timeline

1. 8 October 2009

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 8 October 2009

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 8 October 2009 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 8 October 2009

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 8 October 2009

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 8 October 2009

  Open at official source

Sponsors

• Sen. Vitter, David [R-LA] · R · Sponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.