,,ii #aacth ,,congress #ast ,session ,s4 #gfh ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,april #ah1 #bjac ,mr4 ,lee 7for himself1 ,mr4 ,cruz1 and ,mr4 ,paul7 introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to treat gold and silver coins used as legal tender in the same manner as ,united ,states currency for taxation purposes4 #a4 ,short title ,this ,act may be cited as the ,sound ,money ,promotion ,act4 #b4 ,gold and silver coins that are legal tender not subject to taxation 7a7 ,in general ,gold and silver coins declared legal tender by the ,federal ,government or any ,state government shall not be subject to taxation4 7b7 ,conforming amendment ,section #a7;h77#e7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by striking 7as defined in section #djh7m7 without regard to paragraph 7#c7 thereof7 in subparagraph 7,a71 and 7#b7 by adding at the end the following new subparagraph3 7,c7 ,collectible ,for purposes of this paragraph1 the term collectible has the meaning given such term by section #djh7m71 determined without regard to subparagraphs 7,a77iii71 7,a77iv71 and 7,b74 4 7c7 ,effective date ,the provisions of1 and amendments made by1 this section shall take effect on the date of the enactment of this ,act4