S 1740 · 109th Congress 2005–2007, ended

Generate Retirement Ownership Through Long-Term Holding Act of 2005

Introduced Sep 21, 2005 Originated Senate Sponsor Mike Crapo R-ID

Fact sheet

Latest action · Sep 21, 2005 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10299)

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedSep 21, 2005
Passed SenateNot reached
Passed HouseNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Generate Retirement Ownership Through Long-Term Holding Act of 2005 - 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.

Cosponsors 6

Members who signed on, in the order they did. Signatures ran from Sep 21, 2005 to Sep 27, 2006, with 2 there on the day it was introduced.

Seat	Cosponsor		Signed on
R-KY	Jim Bunning	Original	Sep 21, 2005
D-SD	Tim Johnson	Original	Sep 21, 2005
R-PA	Rick Santorum		Oct 7, 2005
R-NH	Judd Gregg		Oct 19, 2005
R-SC	Jim DeMint		Nov 9, 2005
R-GA	Saxby Chambliss		Sep 27, 2006

Actions 3

Everything that happened, newest first.

Sep 21, 2005Introduced in Senate
Sep 21, 2005Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10299)
Sep 21, 2005Sponsor introductory remarks on measure. (CR S10299)

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
HR 2121	Generate Retirement Ownership Through Long-Term Holding Act of 2005	Identical bill	May 5, 2005

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

Text 1

Each version as it was printed, newest first.

Sep 21, 2005Introduced in Senate

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

$1 $5 $10

Processed by Stripe in a separate window. LegiList never sees card details.

Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.