Summary: S.1546 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for S.1546. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (06/05/2007)

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.