S 1740
109th Congress
Senate
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
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 21, 2005
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10299)
Sep 21, 2005
Sponsor introductory remarks on measure. (CR S10299)
Sep 21, 2005
Introduced in Senate
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
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10299)
Committees of jurisdiction
1