HR 2121 · 109th Congress · Taxation

Generate Retirement Ownership Through Long-Term Holding Act of 2005

Introduced 2005-05-05· Sponsored by Rep. Ryan, Paul [R-WI-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-05-05)

Plain Language Summary

[AI summary unavailable — showing source text] Generate Retirement Ownership Through Long-Term Holding Act of 2005 - 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

11 Democrats9 Republicans
Rep. Jefferson, William J. [D-LA-2]LA
Rep. Jindal, Bobby [R-LA-1]LA
Rep. English, Phil [R-PA-3]PA
Rep. Owens, Major R. [D-NY-11]NY
Rep. Crowley, Joseph [D-NY-7]NY
Rep. Wasserman Schultz, Debbie [D-FL-20]FL
Rep. Cardin, Benjamin L. [D-MD-3]MD
Rep. Maloney, Carolyn B. [D-NY-14]NY
Rep. Weller, Jerry [R-IL-11]IL
Rep. Bachus, Spencer [R-AL-6]AL
Rep. Ruppersberger, C. A. Dutch [D-MD-2]MD
Rep. Baker, Richard H. [R-LA-6]LA
Rep. Meek, Kendrick B. [D-FL-17]FL
Rep. Moore, Dennis [D-KS-3]KS
Rep. Hart, Melissa A. [R-PA-4]PA
Rep. McCarthy, Carolyn [D-NY-4]NY
Rep. Fossella, Vito [R-NY-13]NY
Rep. Herger, Wally [R-CA-2]CA
Rep. Johnson, Nancy L. [R-CT-5]CT
Rep. Butterfield, G. K. [D-NC-1]NC