S. 2126 — Generate Retirement Ownership Through Long-Term Holding Act of 2007

Summary

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.

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H.R. 2796Generate Retirement Ownership Through Long-Term Holding Act of 2007
2007-06-20Referred to the House Committee on Ways and Means.
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Legislative Actions

2007-10-02
Introduced in Senate
2007-10-02
Sponsor introductory remarks on measure. (CR S12439-12440)
2007-10-02
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S12440)

Generate Retirement Ownership Through Long-Term Holding Act of 2007

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