S 1082
111th Congress
Senate
Taxation
Capital gains tax
Financial services and investments
Income tax exclusion
Interest, dividends, interest rates
Securities
Generate Retirement Ownership Through Long-Term Holding Act of 2009
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2009
Read twice and referred to the Committee on Finance.
May 20, 2009
Introduced in Senate
Plain-English summary
Generate Retirement Ownership Through Long-Term Holding Act of 2009 - 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.
Committees of jurisdiction
1