PoliticalRepoPoliticalRepo

United States · Bill · S

S. 1740 (109th)

Generate Retirement Ownership Through Long-Term Holding Act of 2005

referredUnited States· United States Congress· EN

Introduced

21 September 2005

Last action

21 September 2005 · Introduced

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10299)

Sponsors

Mike Crapo, Rep. Johnson, Tim [D-SD-At Large], Rep. Bunning, Jim [R-KY-4], Sen. Santorum, Rick [R-PA], Rep. Gregg, Judd [R-NH-2], Sen. DeMint, Jim [R-SC], Sen. Chambliss, Saxby [R-GA]

Subjects

Taxation

Source updated

5 December 2025

Taxation

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.

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

Timeline

  1. 21 September 2005

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S10299)

    Source: IntroReferral

  2. 21 September 2005

    Introduced

    Sponsor introductory remarks on measure. (CR S10299)

    Source: IntroReferral

  3. 21 September 2005

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Sponsors

Related records

Sources

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