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S 1082 111th Congress Senate

Generate Retirement Ownership Through Long-Term Holding Act of 2009

Official title: A bill to amend the Internal Revenue Code of 1986 to allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies.

Introduced: May 20, 2009 Introduced by: Crapo, Mike Republican · Idaho See on congress.gov
Taxation Capital gains taxFinancial services and investmentsIncome tax exclusionInterest, dividends, interest ratesSecurities
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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 20, 2009
Read twice and referred to the Committee on Finance.
May 20, 2009
Introduced in Senate
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 Latest action May 20, 2009

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service
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.
 Related & companion bills 1
  • HR 3429 Related bill Generate Retirement Ownership Through Long-Term Holding Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1082: Generate Retirement Ownership Through Long-Term Holding Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-1082/
MLA
"S. 1082: Generate Retirement Ownership Through Long-Term Holding Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-1082/.
Bluebook (legal)
S. 1082, 111th Cong. (2026), https://openamerica.io/bill/111-S-1082/.
Markdown link
[S. 1082: Generate Retirement Ownership Through Long-Term Holding Act of 2009](https://openamerica.io/bill/111-S-1082/)
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