HR 2247 · 100th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to allow individual retirement accounts and individually-directed accounts to acquire coins issued by North American countries.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1987-04-30)
Plain Language Summary
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Amends the Internal Revenue Code to include as "collectibles" the coins issued by North American countries, thus requiring their acquisition by an individual retirement account or by an individually-directed account to be treated as a distribution for certain income tax purposes.…
Summarized by Claude AI · Non-partisan · For informational purposes only