HR 496
108th Congress
House
Taxation
Cost of living adjustments
Dividends
Economics and Public Finance
Finance and Financial Sector
Income tax
Indexing (Economic policy)
Mutual funds
Saving and investment
Tax deferral
Tax exclusion
To amend the Internal Revenue Code of 1986 to allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies.
Introduced: January 29, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 29, 2003
Referred to the House Committee on Ways and Means.
Jan 29, 2003
Sponsor introductory remarks on measure. (CR E128-129)
Jan 29, 2003
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to provide that, in the case of an electing individual, no gain shall be recognized on the receipt of a capital gain dividend distributed by a regulated investment company if such capital gain dividend is automatically reinvested in additional shares of the company pursuant to a dividend reinvestment plan.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1