H.R. 3429 · 111th Congress
Generate Retirement Ownership Through Long-Term Holding Act of 2009
- Stage
- In committee
- Sponsor
- Paul Ryan
- Introduced
- 2009-07-30
- Latest action
- 2009-07-31 · Sponsor introductory remarks on measure.
Summary
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.