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HR 9060·Federal·house

Precious Metals Parity Act

In CommitteeFiled May 29, 2026
Sponsor: Rep. Hern, Kevin [R-OK-1] (R)
Latest Action

Referred to the House Committee on Ways and Means.

May 29, 2026

Summary

The bill amends the tax code so that income a regulated investment company receives from gold, silver, platinum or palladium bullion is counted as qualifying income. This change benefits mutual funds and other investment companies that hold precious metals by giving them the same tax treatment as other qualifying earnings. It aims to place precious‑metal income on equal footing with other investment income for tax reporting.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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