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HR 878 110th Congress House

Simplification Through Additional Reporting Tax Act of 2007

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: February 7, 2007 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 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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
Feb 7, 2007
Referred to the House Committee on Ways and Means.
Feb 7, 2007
Introduced in House
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 Latest action February 7, 2007

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Simplification Through Additional Reporting Tax Act of 2007 - 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 2
  • S 2362 Related bill Property Tax Fairness Act of 2007
  • S 601 Identical bill Simplification Through Additional Reporting Tax Act of 2007
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 2
D
Doggett, Lloyd
Texas · Feb 7, 2007
 D
Hirono, Mazie K.
Hawaii · Feb 7, 2007
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 878: Simplification Through Additional Reporting Tax Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-878/
MLA
"H.R. 878: Simplification Through Additional Reporting Tax Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-878/.
Bluebook (legal)
H.R. 878, 110th Cong. (2026), https://openamerica.io/bill/110-HR-878/.
Markdown link
[H.R. 878: Simplification Through Additional Reporting Tax Act of 2007](https://openamerica.io/bill/110-HR-878/)
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