Pipeline · Bill → Law
Step 1
Introduced
May 7, 2024
Step 2
Referred
May 7, 2024
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill exempts gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes. The exemption applies to gains or losses from the sale or exchange of (1) gold, silver, platinum, or palladium coins minted and issued by the Department of the Treasury; or (2) refined gold or silver bullion, coins, bars, rounds, or ingots that are valued primarily based on their metal content and not their form.
Timeline · 2 actions
May 7, 2024
Introduced in House
May 7, 2024
Referred to the House Committee on Ways and Means.