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A bill to amend the Internal Revenue Code of 1986 to require broker reporting of customer's basis in securities transactions, and for other purposes.

2/14/2007--Introduced.

Simplification Through Additional Reporting Tax Act of 2007 - Amends the Internal Revenue Code to include within the reporting requirements of investment brokers the adjusted basis of any security owned by customers of such brokers.

Latest Actions
  • 02/14/2007 - Sponsor introductory remarks on measure. (CR S1978-1979)
  • 02/14/2007 - Read twice and referred to the Committee on Finance.
Bill Text
File name Last Updated
S.601 Introduced in Senate08/31/2007