HR2089Referred to Committee

Generating Retirement Ownership through Long-Term Holding

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-03-11
Introduced
122
Cosponsors
HR
ⓘ
Type

Sponsor

Beth Van Duyne
Beth Van Duyne
Republican · TX · Representative
Votes with party: 97.0% (603 recorded votes)

Full profile: /officials/V000134

Source: Congress.gov · FEC

Cosponsors (122)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-03-11

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English Summary

This bill would change tax rules to encourage people to hold onto investments for longer periods by potentially offering tax breaks for long-term ownership of stocks and other assets. The goal is to make it easier for regular workers and savers to build retirement savings by rewarding them financially when they keep their investments rather than trading them frequently. The proposal would affect individual investors and potentially change how much tax people owe on investment gains depending on how long they hold their investments.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation
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Related legislation

Bills by the same sponsor or covering overlapping subjects.