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.

referredUnited States· United States Congress· EN

Introduced

6 January 2009

Last action

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Status

Read twice and referred to the Committee on Finance.

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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Versions

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Documents

3 official files

Introduced in Senate (text)
Introduced in Senate · EN · 6 January 2009
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Introduced in Senate (PDF)
Introduced in Senate · EN · 6 January 2009
View Download Open at official source
Introduced in Senate
summary · EN · 6 January 2009
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Sources

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Official source: https://www.congress.gov/bill/111th-congress/senate-bill/44
Open data entity: https://api.congress.gov/v3/bill/111/s/44