S. 2126 · 110th Congress
Generate Retirement Ownership Through Long-Term Holding Act of 2007
- Stage
- In committee
- Sponsor
- Mike Crapo
- Introduced
- 2007-10-02
- Latest action
- 2007-10-02 · Introduced in Senate
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.