Simplification Through Additional Reporting Tax Act of 2006

Fact Sheet API

Bill Number

S 2414

Introduced

Mar 14, 2006

Latest Action

Sponsor introductory remarks on measure. (CR S2196-2199)

Sponsor

Cosponsors

Topics

Administrative procedure Brokers Department of the Treasury Finance and Financial Sector Government Operations and Politics Income tax Law Mutual funds Securities Tax administration Tax returns Taxation

Full Text

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Votes

Summary

Simplification Through Additional Reporting Tax Act of 2006 - 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.

Actions

Mar 15, 2006

Sponsor introductory remarks on measure. (CR S2196-2199)
Mar 14, 2006

Read twice and referred to the Committee on Finance.
Mar 14, 2006

Introduced in Senate

Amendments

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