Monetary Metals Tax Neutrality Act of 2024
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 7, 2024)
Monetary Metals Tax Neutrality Act of 2024
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.
What just happenedMay 7, 2024
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseMay 7, 2024
- May 7, 2024IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - May 7, 2024IntroReferralIntro-H
Introduced in House
- May 7, 2024IntroReferral1000
Introduced in House