S.601: Simplification Through Additional Reporting Tax Act of 2007

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This bill was introduced in the 110th Congress
This bill is primarily about taxation
Introduced Feb. 14, 2007
Latest Major Action Feb. 14, 2007
See the one similar bills introduced in other congresses.

Bill Sponsor

Evan Bayh (D-Ind.)

Bill Cosponsors

18 (17 Democrats, 1 Independent Democrat, 1 Republican)

Tom Coburn (R-Okla.)
Barack Obama (D-Ill.)
Carl Levin (D-Mich.)
John Kerry (D-Mass.)
Thomas R. Carper (D-Del.)
Richard J. Durbin (D-Ill.)
Dianne Feinstein (D-Calif.)
Charles E. Schumer (D-N.Y.)
Amy Klobuchar (D-Minn.)
Joseph I. Lieberman (I-Conn.)
Joseph R. Biden Jr. (D-Del.)
Sherrod Brown (D-Ohio)
Debbie Stabenow (D-Mich.)
Hillary Rodham Clinton (D-N.Y.)
Patrick J. Leahy (D-Vt.)
Edward M. Kennedy (D-Mass.)
Jeff Bingaman (D-N.M.)
Frank R. Lautenberg (D-N.J.)

Bill Summary

Simplification Through Additional Reporting Tax Act of 2007 - Amends the Internal Revenue Code to include within the reporting requirements of investment brokers the adjusted basis of any security owned by customers of such brokers.

(Source: Library of Congress)

Bill Actions

Date	Description
	Sponsor introductory remarks on measure.
	Read twice and referred to the Committee on Finance.
Feb. 14, 2007	Introduced in the Senate by Evan Bayh (D-Ind.)

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Bill Summary

Introduced in the Senate by Evan Bayh (D-Ind.)