Generate Retirement Ownership Through Long-Term Holding Act of 2007
Last action on Jun 20, 2007Referred to the House Committee on Ways and Means.
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Summary
Generate Retirement Ownership Through Long-Term Holding Act of 2007 - 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.
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