HR 3429 · 111th Congress · Taxation

Generate Retirement Ownership Through Long-Term Holding Act of 2009

Introduced 2009-07-30· Sponsored by Rep. Ryan, Paul [R-WI-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E2112)(2009-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (3)

2 Democrats1 Republican
Rep. Davis, Artur [D-AL-7]AL
Rep. Crowley, Joseph [D-NY-7]NY
Rep. Guthrie, Brett [R-KY-2]KY