S 601 · 110th Congress 2007–2009, ended

Simplification Through Additional Reporting Tax Act of 2007

Fact sheet

Latest action · Feb 14, 2007 Read twice and referred to the Committee on Finance.

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.

  1. IntroducedFeb 14, 2007
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

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.

Cosponsors 18

Members who signed on, in the order they did. Signatures ran from Feb 14, 2007 to Feb 27, 2007, with 16 there on the day it was introduced.

SeatCosponsorSigned on
D-MNAmy KlobucharOriginalFeb 14, 2007
D-ILBarack ObamaOriginalFeb 14, 2007
D-MICarl LevinOriginalFeb 14, 2007
D-NYCharles E. SchumerOriginalFeb 14, 2007
D-MIDebbie StabenowOriginalFeb 14, 2007
D-CADianne FeinsteinOriginalFeb 14, 2007
D-MAEdward M. KennedyOriginalFeb 14, 2007
D-NYHillary Rodham ClintonOriginalFeb 14, 2007
D-MAJohn F. KerryOriginalFeb 14, 2007
D-CTJoseph I. LiebermanOriginalFeb 14, 2007
D-DEJoseph R. Biden Jr.OriginalFeb 14, 2007
D-VTPatrick J. LeahyOriginalFeb 14, 2007
D-ILRichard J. DurbinOriginalFeb 14, 2007
D-OHSherrod BrownOriginalFeb 14, 2007
D-DEThomas R. CarperOriginalFeb 14, 2007

Actions 3

Everything that happened, newest first.

  1. Feb 14, 2007Introduced in Senate
  2. Feb 14, 2007Read twice and referred to the Committee on Finance.
  3. Feb 14, 2007Sponsor introductory remarks on measure. (CR S1978-1979)

Related bills 2

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

BillTitleRelationshipLatest action
HR 878Simplification Through Additional Reporting Tax Act of 2007Identical billFeb 7, 2007
S 2362Property Tax Fairness Act of 2007Related billNov 15, 2007

Subjects

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

Text 1

Each version as it was printed, newest first.

  1. Feb 14, 2007Introduced in Senate

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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.