H.R. 2796 · 110th Congress

Generate Retirement Ownership Through Long-Term Holding Act of 2007

Stage
In committee
Sponsor
Paul Ryan
Introduced
2007-06-20
Latest action
2007-06-20 · Introduced in House

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.