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S 1032 104th Congress Senate Taxation Capital gains tax Finance and Financial Sector Income tax Law Losses Mutual funds Stocks Tax deductions Tax exclusion Trusts and trustees

Common Trust Fund Improvement Act of 1995

Introduced: July 13, 1995 See on congress.gov
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 13, 1995
Read twice and referred to the Committee on Finance.
Jul 13, 1995
Sponsor introductory remarks on measure. (CR S9914-9915)
Jul 13, 1995
Introduced in Senate
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 Plain-English summary Congressional Research Service

Common Trust Fund Improvement Act of 1995 - Amends the Internal Revenue Code to provide for the nonrecognition of gain or loss for the transfer of common trust fund assets to regulated investment companies in exchange for stock when the stock is distributed to participants of the common trust fund in exchange for their interest in such fund.

What's happening now July 13, 1995

Read twice and referred to the Committee on Finance.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Grassley, Chuck
Iowa · Oct 24, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1032: Common Trust Fund Improvement Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-S-1032/
MLA
"S. 1032: Common Trust Fund Improvement Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-S-1032/.
Bluebook (legal)
S. 1032, 104th Cong. (2026), https://openamerica.io/bill/104-S-1032/.
Markdown link
[S. 1032: Common Trust Fund Improvement Act of 1995](https://openamerica.io/bill/104-S-1032/)
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