To amend the Internal Revenue Code of 1986 to allow individuals to defer recognition of reinvested capital gains distributions from regulated investment companies.

referredUnited States· United States Congress· EN

Introduced

29 January 2003

Last action

29 January 2003 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Saxton, Jim [R-NJ-3], Rep. Abercrombie, Neil [D-HI-1], Rep. Akin, W. Todd [R-MO-2], Rep. Andrews, Robert E. [D-NJ-1], Rep. Cubin, Barbara [R-WY-At Large], Rep. Dunn, Jennifer [R-WA-8], Rep. English, Phil [R-PA-3], Rep. Ferguson, Mike [R-NJ-7], Rep. Fossella, Vito [R-NY-13], Rep. Johnson, Nancy L. [R-CT-5], Rep. Kolbe, Jim [R-AZ-8], Rep. Lucas, Ken [D-KY-4], Rep. Paul, Ron [R-TX-14], Rep. Rohrabacher, Dana [R-CA-48], Rep. Shays, Christopher [R-CT-4], Rep. Wilson, Joe [R-SC-2], Rep. McHugh, John M. [R-NY-23], Rep. Frost, Martin [D-TX-24], Sen. Isakson, Johnny [R-GA], Rep. Brown, Henry E., Jr. [R-SC-1], Rep. Putnam, Adam H. [R-FL-12], Rep. Bachus, Spencer [R-AL-6], Rep. Weldon, Dave [R-FL-15], Rep. Souder, Mark E. [R-IN-3], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Garrett, Scott [R-NJ-5], Rep. Brown-Waite, Ginny [R-FL-5], Rep. Terry, Lee [R-NE-2], Rep. Cannon, Chris [R-UT-3], Rep. Moore, Dennis [D-KS-3], Rep. Musgrave, Marilyn N. [R-CO-4], Rep. Gordon, Bart [D-TN-6], Rep. Tiahrt, Todd [R-KS-4], Sen. Burr, Richard [R-NC]

Subjects

Taxation

Source updated

2 January 2025

Taxation

Official source Download file View documents Share

Summary

Amends the Internal Revenue Code to provide that, in the case of an electing individual, no gain shall be recognized on the receipt of a capital gain dividend distributed by a regulated investment company if such capital gain dividend is automatically reinvested in additional shares of the company pursuant to a dividend reinvestment plan.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

29 January 2003
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
29 January 2003
Introduced
Sponsor introductory remarks on measure. (CR E128-129)
Source: IntroReferral
29 January 2003
Introduced
Introduced in House
Source: IntroReferral
29 January 2003
Introduced
Introduced in House
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in House · 29 January 2003 · Download file

Documents

3 official files

Introduced in House (text)

View file Download file

This file cannot be previewed here. Use View or Download.

Leesvertaling

Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

Vertaal naar

Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Introduced in House (text)
Introduced in House · EN · 29 January 2003
View Download Open at official source
Introduced in House (PDF)
Introduced in House · EN · 29 January 2003
View Download Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 29 January 2003
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/108th-congress/house-bill/496
Open data entity: https://api.congress.gov/v3/bill/108/hr/496
us · 108-hr-496 · source updated 2 January 2025