To amend the Internal Revenue Code of 1986 to modify the rules relating to coins and bullion that may be held by individual retirement accounts and certain other individually-directed accounts.

3.0.0 4099 2023-01-11T20:16:24Z 2023-01-11T20:16:24Z House H HR 2007-11-06 110 hswm00 Ways and Means Committee House Standing Referred to 2007-11-06T14:02:20Z 2007-11-06 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2007-11-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-11-06 Introduced in House IntroReferral 1000 9 Library of Congress S001167 Rep. Sali, Bill [R-ID-1] Bill Sali R ID 1 N B001231 Rep. Berkley, Shelley [D-NV-1] SHELLEY BERKLEY D NV 1 2007-11-06 True E000187 Rep. English, Phil [R-PA-3] PHIL ENGLISH R PA 3 2007-11-06 True N000181 Rep. Nunes, Devin [R-CA-21] Devin Nunes R CA 21 2008-02-13 False J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2008-06-09 False P000589 Rep. Porter, Jon C. [R-NV-3] Jon Porter R NV C. 3 2008-06-23 False B001247 Rep. Brown-Waite, Ginny [R-FL-5] Ginny Brown-Waite R FL 5 2008-06-26 False Taxation Coins and coinage Finance and Financial Sector Income tax Individual retirement accounts Labor and Employment Law Precious metals Public Lands and Natural Resources Trusts and trustees Taxation

00 2007-11-06 Introduced in House 2008-01-03T20:06:59Z Amends Internal Revenue Code provisions relating to bullion held in individual retirement accounts (IRAs) and other tax-exempt individually directed retirement plans to allow: (1) such bullion to be held in the form of a bar, ingot, or coin; (2) IRA trustees to satisfy physical possession requirements for such bullion by merely holding indicia of ownership; and (3) the transfer of the physical possession of such bullion to a custodian engaged in the business of holding bullion, coins, and precious metals.

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To amend the Internal Revenue Code of 1986 to modify the rules relating to coins and bullion that may be held by individual retirement accounts and certain other individually-directed accounts. Official Title as Introduced To amend the Internal Revenue Code of 1986 to modify the rules relating to coins and bullion that may be held by individual retirement accounts and certain other individually-directed accounts. Introduced in House IH Display Title To amend the Internal Revenue Code of 1986 to modify the rules relating to coins and bullion that may be held by individual retirement accounts and certain other individually-directed accounts. Introduced in House 2007-11-06T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr4099ih/xml/BILLS-110hr4099ih.xml 2007-11-06 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.