S.1769 - Options for Investors through United States Certified Coins Act of 2009

A bill to amend the Internal Revenue Code of 1986 to allow certain coins to be acquired by individual retirement accounts and other individually directed pension plan accounts, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to amend the Internal Revenue Code of 1986 to allow certain coins to be acquired by individual retirement accounts and other individually directed pension plan accounts, and for other purposes. as introduced.
  • Short: Options for Investors through United States Certified Coins Act of 2009 as introduced.

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Bill's Views

  • Today: 1
  • Past Seven Days: 5
  • All-Time: 2,013
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
10/07/09
 
 
 
 
 
 
 

Sponsor

Senator

David Vitter

R-LA

No Co-Sponsors

Committees

Official Summary

10/8/2009--Introduced.Options for Investors through United States Certified Coins Act of 2009 - Amends the Internal Revenue Code to permit holders of individual retirement accounts (IRAs) or individually-directed pension plans to invest in coins that: (1) are certified by an independent, t

Official Summary

10/8/2009--Introduced.Options for Investors through United States Certified Coins Act of 2009 - Amends the Internal Revenue Code to permit holders of individual retirement accounts (IRAs) or individually-directed pension plans to invest in coins that:
(1) are certified by an independent, third-party grading service;
(2) are, or were at any time, legal tender in the United States; and
(3) are traded on a nationally recognized electronic coin trading network or listed by an independent coin wholesale reporting service. Permits trustees of IRAs or individually-directed pension plans that invest in coins or bullion to hold an indicia of ownership for such coins or bullion in lieu of physical possession under certain circumstances.

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Recent Blog Coverage

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09/15/10
Bill Action: Scheduled for Debate: S. 1769: Same Number Act of 2007

12 Jul 2007

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05/02/10
Grassroots Coin Group Sprouts At Central States | Gold For Cash

Three set issues correct today for NUPA are: effort the U.S. Mint to display 2010 Proof Silver Eagles, conflict for voiding of constraining clannish artefact income module in the senate Financial Reform manoeuvre and lawmaking of S.1769 ...

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05/01/10
Grassroots Coin Group Sprouts At Central States | Extra Fine Coins

Three core issues right now for NUPA are: getting the U.S. Mint to produce 2010 Proof Silver Eagles, fighting for elimination of restrictive private commodity sales language in the Senate Financial Reform measure and passage of S.1769 ...

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