PROHIBITION ON COLLECTIBLES NOT TO INCLUDE STATE COINS.

SEC. 6057. PROHIBITION ON COLLECTIBLES NOT TO INCLUDE STATE COINS. (a) In General.—Paragraph (3) of section 408(m) of the 1986 Code is amended to read as follows: “(3) Exception for certain coins.— In the case of an individual retirement account, paragraph (2) shall not apply to— “(A) any gold coin described in paragraph (7), (8), (9), or (10) of section 5112(a) of title 31, “(B) any silver coin described in section 5112(e) of title 31, or “(C) any coin issued under the laws of any State.” (b) Effective Date.—The amendments made by subsection (a) shall apply to acquisitions after the date of the enactment of this Act.