,,ii  #aaith ,,congress  #ast ,session  
,s4 #ihi  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,march #ab1         
#bjbe,ms4 ,cortez ,masto 7for herself1  
,mr4 ,risch1 and ,ms4 ,lummis7          
introduced the following bill2 which was
 read twice and referred to the         
,committee on ,finance  ,a ,,bill  ,to  
amend the ,internal ,revenue ,code of   
#aihf to provide that income received by
 a regulated investment company from    
precious metals shall be treated as     
qualifying income4  #a4 ,short title    
,this ,act may be cited as the ,precious
 ,metals ,parity ,act4  #b4 ,treatment  
of income received by regulated         
investment companies from precious      
metals  7a7 ,in general ,section        
#hea7;b77#b77;,a7 of the ,internal      
,revenue ,code of #aihf is amended--    
7#a7 by striking or foreign currencies  
and inserting 1 foreign currencies1 or  
precious metals11 and  7#b7 by striking 
or currencies and inserting currencies1 
or precious metals4  7b7 ,effective date

 ,the amendments made by this section   
shall apply to taxable years beginning  
after the date of the enactment of this 
,act4