S. 1082 · 111th Congress

Generate Retirement Ownership Through Long-Term Holding Act of 2009

Stage
In committee
Sponsor
Mike Crapo
Introduced
2009-05-20
Latest action
2009-05-20 · Introduced in Senate

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.