HR 1772 · 109th Congress · Taxation

Fair Treatment for Precious Metals Investors Act

Introduced 2005-04-21· Sponsored by Rep. Hayworth, J. D. [R-AZ-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-04-21)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Treatment for Precious Metals Investors Act - Amends the Internal Revenue Code to treat bullion (e.g., gold, silver, platinum, and palladium) as a long-term capital asset (currently, treated as a collectible), eligible for preferential capital gains tax rates.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (15)

15 Republicans
Rep. Gibbons, Jim [R-NV-2]NV
Rep. Dreier, David [R-CA-26]CA
Rep. Paul, Ron [R-TX-14]TX
Rep. Wilson, Joe [R-SC-2]SC
Rep. English, Phil [R-PA-3]PA
Rep. Otter, C. L. (Butch) [R-ID-1]ID
Rep. Jones, Walter B., Jr. [R-NC-3]NC
Rep. Miller, Jeff [R-FL-1]FL
Rep. Sessions, Pete [R-TX-32]TX
Rep. McMorris, Cathy [R-WA-5]WA
Rep. Doolittle, John T. [R-CA-4]CA
Rep. Cannon, Chris [R-UT-3]UT
Rep. Porter, Jon C. [R-NV-3]NV
Rep. Musgrave, Marilyn N. [R-CO-4]CO
Rep. Beauprez, Bob [R-CO-7]CO