United States 119th Congress Status: In Committee Bipartisan · 66 R · 48 D · 1 I cosponsors

HR 2089 — Generating Retirement Ownership through Long-Term Holding

Last action — Referred to the House Committee on Ways and Means.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced March 11, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 42% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 115 sponsors

    1 primary, 114 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 3 parties (66 R · 48 D · 1 I) — cross-party backing.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

How this bill changes current law

3 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill introduces a provision that allows individuals to defer the recognition of capital gains on reinvested capital gain dividends from regulated investment companies.

  • Section 1045

    SEC. 1046. REINVESTED CAPITAL GAIN DIVIDENDS OF REGULATED INVESTMENT COMPANIES. (a) Nonrecognition of Gain.--In the case of an individual, no gain shall be recognized on the receipt of a capital gain dividend distributed by a regulated investment company to which part I of subchapter M applies if such capital gain dividend is automatically reinvested in additional shares of the company pursuant to a dividend reinvestment plan.

    This establishes a new section allowing for nonrecognition of gain for reinvested capital gain dividends.

  • Section 852(b)(3)(B)

    For rules regarding nonrecognition of gain with respect to reinvested capital gain dividends received by individuals, see section 1046.

    This adds a reference to the new nonrecognition rule for capital gain dividends in the context of existing regulations.

  • Table of sections for part III of subchapter O of chapter 1

    Sec. 1046. Reinvested capital gain dividends of regulated investment companies.

    This includes the new section in the statutory table of contents for organization.

Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Ways and Means.

Sponsors

Sponsorship breakdown

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1 sponsors · 114 co-sponsors · 432 not signed on

Sponsors (1)

Co-sponsors (114)

Not signed on (432)

432 members have not signed on to this bill.

Show all 432 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation finance
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Frequently asked questions

Who sponsors HR 2089?
HR 2089 is sponsored by Van Duyne, Beth (Republican), Sewell, Terri A. (Democratic), Tenney, Claudia (Republican), LaHood, Darin (Republican), Malliotakis, Nicole (Republican), Owens, Burgess (Republican), Amo, Gabe (Democratic), Kustoff, David (Republican), Suozzi, Thomas R. (Democratic), Moulton, Seth (Democratic), Keating, William R. (Democratic), Ross, Deborah K. (Democratic), Panetta, Jimmy (Democratic), Morelle, Joseph D. (Democratic), Gonzalez, Vicente (Democratic), Cleaver, Emanuel (Democratic), McClain Delaney, April (Democratic), Plaskett, Stacey E. (Democratic), Moran, Nathaniel (Republican), Kelly, Mike (Republican), Harrigan, Pat (Republican), Menendez, Robert (Democratic), Sánchez, Linda T. (Democratic), Moore, Blake D. (Republican), Gillen, Laura (Democratic), Magaziner, Seth (Democratic), Schneider, Bradley Scott (Democratic), McBride, Sarah (Democratic), Baumgartner, Michael (Republican), Miller, Carol D. (Republican), Trahan, Lori (Democratic), DelBene, Suzan K. (Democratic), Boyle, Brendan F. (Democratic), Yakym, Rudy (Republican), Steil, Bryan (Republican), Miller, Max L. (Republican), Ellzey, Jake (Republican), Dean, Madeleine (Democratic), Carey, Mike (Republican), Fallon, Pat (Republican), Houlahan, Chrissy (Democratic), Kim, Young (Republican), Johnson, Julie (Democratic), Sessions, Pete (Republican), Guthrie, Brett (Republican), Smucker, Lloyd (Republican), Rutherford, John H. (Republican), Rulli, Michael A. (Republican), Graves, Sam (Republican), Sherman, Brad (Democratic), Beatty, Joyce (Democratic), Grothman, Glenn (Republican), Goldman, Craig A. (Republican), Lawler, Michael (Republican), Peters, Scott H. (Democratic), Velázquez, Nydia M. (Democratic), McCormick, Richard (Republican), Scott, David (Democratic), Larson, John B. (Democratic), Issa, Darrell (Republican), Lee, Susie (Democratic), Evans, Gabe (Republican), Beyer, Donald S. (Democratic), Mrvan, Frank J. (Democratic), Wittman, Robert J. (Republican), Carter, Earl L. "Buddy" (Republican), Latta, Robert E. (Republican), Estes, Ron (Republican), McDowell, Addison P. (Republican), Barrett, Tom (Republican), Donalds, Byron (Republican), Balderson, Troy (Republican), Nunn, Zachary (Republican), Salazar, Maria Elvira (Republican), Hinson, Ashley (Republican), Turner, Michael R. (Republican), Williams, Roger (Republican), Crank, Jeff (Republican), Goodlander, Maggie (Democratic), Van Orden, Derrick (Republican), Pettersen, Brittany (Democratic), Strickland, Marilyn (Democratic), McGarvey, Morgan (Democratic), Davis, Donald G. (Democratic), Horsford, Steven (Democratic), Neguse, Joe (Democratic), Stauber, Pete (Republican), Bergman, Jack (Republican), Moore, Tim (Republican), Landsman, Greg (Democratic), Moore, Barry (Republican), Wilson, Joe (Republican), Bost, Mike (Republican), Bacon, Don (Republican), Jack, Brian (Republican), Veasey, Marc A. (Democratic), Nehls, Troy E. (Republican), Bishop, Sanford D. (Democratic), Hurd, Jeff (Republican), Gottheimer, Josh (Democratic), Ezell, Mike (Republican), Fleischmann, Charles J. "Chuck" (Republican), Kennedy, Timothy M. (Democratic), Davids, Sharice (Democratic), Budzinski, Nikki (Democratic), Dunn, Neal P. (Republican), Garbarino, Andrew R. (Republican), Foxx, Virginia (Republican), Miller-Meeks, Mariannette (Republican), Haridopolos, Mike (Republican), Williams, Nikema (Democratic), Downing, Troy (Republican), Mackenzie, Ryan (Republican), Kiley, Kevin (Independent), and Pfluger, August (Republican).
What is the current status of HR 2089?
This bill is in committee in the House. Introduced March 11, 2025. It must pass committee before a floor vote.
Where can I track HR 2089?
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