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- H.R.3429
H.R.3429: Generate Retirement Ownership Through Long-Term Holding Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced July 30, 2009
- Latest Major Action July 31, 2009
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 2 Republicans)
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Ways and Means.
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Sponsor introductory remarks on measure.
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| July 30, 2009 |
Introduced in the House by Paul D. Ryan (R-Wis.) |