US SB1082 | 2009-2010 | 111th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on May 20 2009 - 25% progression, died in chamber
Action: 2009-05-20 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 20 2009 - 25% progression, died in chamber
Action: 2009-05-20 - Read twice and referred to the Committee on Finance.
Text: Latest bill text (Introduced) [PDF]
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.
Title
Generate Retirement Ownership Through Long-Term Holding Act of 2009
Sponsors
Sen. Mike Crapo [R-ID] | Sen. Tim Johnson [D-SD] |
History
Date | Chamber | Action |
---|---|---|
2009-05-20 | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB3429 (Related) 2009-07-31 - Sponsor introductory remarks on measure. (CR E2112)
Subjects
Capital gains tax
Financial services and investments
Income tax exclusion
Interest, dividends, interest rates
Securities
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/senate-bill/1082/all-info |
Text | https://www.congress.gov/111/bills/s1082/BILLS-111s1082is.pdf |