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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
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This bill died when the 108th Congress ended
It never became law before the 108th Congress (2003–2004) 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
Jan 29, 2003
Referred to the House Committee on Ways and Means.
Jan 29, 2003
Introduced in House
Jan 29, 2003
Sponsor introductory remarks on measure. (CR E128-129)
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 Plain-English summary Congressional Research Service
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 January 29, 2003

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Wilson, Joe
South Carolina · Jan 29, 2003
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 496: To amend the Internal Revenue Code of 1986 to allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies.. 108th Congress. Open America. https://openamerica.io/bill/108-HR-496/
MLA
"H.R. 496: To amend the Internal Revenue Code of 1986 to allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-496/.
Bluebook (legal)
H.R. 496, 108th Cong. (2026), https://openamerica.io/bill/108-HR-496/.
Markdown link
[H.R. 496: To amend the Internal Revenue Code of 1986 to allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies.](https://openamerica.io/bill/108-HR-496/)
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