H.R.4822: Mutual Fund Tax Awareness Act of 1998

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced Oct. 13, 1998
  • Latest Major Action Oct. 20, 1998

Bill Summary

Mutual Fund Tax Awareness Act of 1998 - Directs the Securities and Exchange Commission to revise regulations under the Investment Company Act of 1940 to require, consistent with the protection of investors and the public interest, improved methods of disclosing in investment company prospectuses and annual reports the after-tax effects of portfolio turnover on investment company returns to investors.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Commerce.
Referred to the Subcommittee on Finance and Hazardous Materials.
Oct. 13, 1998

Introduced in the House by Paul E. Gillmor (R-Ohio)

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