US HB3429 | 2009-2010 | 111th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on July 30 2009 - 25% progression, died in chamber
Action: 2009-07-31 - Sponsor introductory remarks on measure. (CR E2112)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 30 2009 - 25% progression, died in chamber
Action: 2009-07-31 - Sponsor introductory remarks on measure. (CR E2112)
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
| Rep. Joseph Crowley [D-NY] | Rep. Artur Davis [D-AL] | Rep. Brett Guthrie [R-KY] | Rep. Paul Ryan [R-WI] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-07-31 | Sponsor introductory remarks on measure. (CR E2112) | |
| 2009-07-30 | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB1082 (Related) 2009-05-20 - Read twice and referred to the Committee on Finance.
Subjects
Capital gains tax
Financial services and investments
Income tax exclusion
Interest, dividends, interest rates
Securities
Taxation
Financial services and investments
Income tax exclusion
Interest, dividends, interest rates
Securities
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/3429/all-info |
| Text | https://www.congress.gov/111/bills/hr3429/BILLS-111hr3429ih.pdf |
