S. 1740 · 109th Congress
Generate Retirement Ownership Through Long-Term Holding Act of 2005
- Stage
- In committee
- Sponsor
- Mike Crapo
- Introduced
- 2005-09-21
- Latest action
- 2005-09-21 · Introduced in Senate
Summary
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.