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HR 5367 109th Congress House

Simplification Through Additional Reporting Tax Act of 2006

Official title: To amend the Internal Revenue Code of 1986 to require broker reporting of customer's basis in securities transactions, and for other purposes.

Introduced: June 6, 2006 See on congress.gov
Taxation Administrative procedureBrokersDepartment of the TreasuryFinance and Financial Sector
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Government Operations and PoliticsIncome taxLawMutual fundsSecuritiesTax administrationTax returns
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 11, 2006
Referred to the House Committee on Ways and Means.
May 11, 2006
Introduced in House
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 Latest action May 11, 2006

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Simplification Through Additional Reporting Tax Act of 2006 - Amends the Internal Revenue Code to include within the reporting requirements of investment brokers the adjusted basis of any security owned by customers of such brokers.

 Related & companion bills 1
  • S 2414 Identical bill Simplification Through Additional Reporting Tax Act of 2006
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 5
All 5 Democratic 4
D
Neal, Richard E.
Massachusetts · Jun 20, 2006
 D
Matsui, Doris O.
California · Jun 6, 2006
 D
Schakowsky, Janice D.
Illinois · Jun 6, 2006
Davis, Artur
· May 18, 2006
 D
McGovern, James P.
Massachusetts · May 18, 2006
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5367: Simplification Through Additional Reporting Tax Act of 2006. 109th Congress. Open America. https://openamerica.io/bill/109-HR-5367/
MLA
"H.R. 5367: Simplification Through Additional Reporting Tax Act of 2006." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-5367/.
Bluebook (legal)
H.R. 5367, 109th Cong. (2026), https://openamerica.io/bill/109-HR-5367/.
Markdown link
[H.R. 5367: Simplification Through Additional Reporting Tax Act of 2006](https://openamerica.io/bill/109-HR-5367/)
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