S.989

Precious Metals Parity Act

Introduced·3/12/25

Prefiled

Introduced3/12/25

Chamber Passed

Final Passage

Complete

Introduced

S. 989

Introduced in Senate · April 1, 2025

March 12, 2025

Ms. Cortez Masto (for herself, Mr. Risch, and Ms. Lummis) introduced the following bill; which was read twice and referred to the Committee on Finance

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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Precious Metals Parity Act”.

S989 U.S. Senate: Precious Metals Parity Act