HR 2796 · 110th Congress · Taxation
Generate Retirement Ownership Through Long-Term Holding Act of 2007
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2007-06-20)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only