2025-2026 Regular SessionUS Congress Legislature

SB989: Precious Metals Parity Act

Legislative Summary

A bill to amend the Internal Revenue Code of 1986 to provide that income received by a regulated investment company from precious metals shall be treated as qualifying income.

Demographic Impact

Overall analysis of equity impact

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Bill History

3/12/2025
Read twice and referred to the Committee on Finance.
Senate

Status Information

Current Status
Introduced(3/12/2025)
Chamber
Senate
Committee
Finance(Senate)

Sponsors

Democrat: 1
Republican: 2

Documents

Introduced
Bill Text4/1/2025238.4 KB