H.R. 8279 · 118th Congress
Monetary Metals Tax Neutrality Act of 2024
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
MooneySponsor
This bill exempts gains or losses from the sale or exchange of certain coins or bullion from recognition for income tax purposes.
What it does: CRS summary · 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Monetary Metals Tax Neutrality Act of 2024
Latest action (May 7, 2024): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: May 7, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.