HR 2121
109th Congress
House
Taxation
Capital gains tax
Dividends
Finance and Financial Sector
Income tax
Mutual funds
Saving and investment
Tax deferral
Tax exclusion
Generate Retirement Ownership Through Long-Term Holding Act of 2005
Introduced: May 5, 2005
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 2005
Referred to the House Committee on Ways and Means.
May 5, 2005
Sponsor introductory remarks on measure. (CR E890-891)
May 5, 2005
Introduced in House
Plain-English summary
Generate Retirement Ownership Through Long-Term Holding Act of 2005 - Amends the Internal Revenue Code to provide that no gain shall be recognized on the receipt of a capital gain dividend distributed by a regulated investment company if such 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