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SB1839Introduced in the Senate

Generating Retirement Ownership through Long-Term Holding

IntroducedSenate Finance

Introduced by John Cornyn, District TX

What does this bill do?

Plain-English breakdown

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Official description

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

Where it stands

Read twice and referred to the Committee on Finance.

May 21, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Read twice and referred to the Committee on Finance.

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