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S 2126 110th 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 2007

Introduced: October 2, 2007 Introduced by: Crapo, Mike Republican · Idaho See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 2, 2007
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12440)
Oct 2, 2007
Sponsor introductory remarks on measure. (CR S12439-12440)
Oct 2, 2007
Introduced in Senate
 Plain-English summary Congressional Research Service
Generate Retirement Ownership Through Long-Term Holding Act of 2007 - 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 October 2, 2007

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12440)

 Committees of jurisdiction 1