# 119-s-1839: Generating Retirement Ownership through Long-Term Holding

119-s-1839, Generating Retirement Ownership through Long-Term Holding, is a 119th Congress bill sponsored by Sen. Cornyn, John [R-TX] (R-TX); status introduced; PRIA reads it as touching household money (as of 2026-07-15).

- Canonical: https://policyrisk.com/legislation/119-s-1839
- As of: 2026-07-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1839
- Congress: 119
- Title: Generating Retirement Ownership through Long-Term Holding
- Status: introduced
- Introduced: 2025-05-21
- Sponsor: Sen. Cornyn, John [R-TX] (R-TX)
- Cosponsors: 2
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-07-15

## Summary

**Defer taxes on reinvested capital gain dividends for individual shareholders.** It would postpone tax on gains from capital gain dividends that are automatically reinvested until sale, redemption, or the investor's death and treat those shares as long-term holdings. - Individual investors and households would only recognize gain tied to reinvested capital gain dividends when they later sell or redeem the fund shares or upon the holder's death. The holding period for reinvested shares would be treated as 1 year and 1 day from acquisition. - At the time of recognition the deferred gain would be allocated to the portion of total gain that matches the shares sold or redeemed for tax calculation purposes. - The rule would not apply to a person who is claimed as a dependent on another taxpayer's return or to estates and trusts. The bill would authorize the Secretary to issue regulations and would apply to taxable years ending after enactment.

## Cosponsors (2)

- Sen. Scott, Tim [R-SC] (R-SC), 2026-04-30T00:00:00.000Z
- Sen. Cruz, Ted [R-TX] (R-TX), 2026-07-13T00:00:00.000Z

## Provisions PRIA read

- Delay tax on reinvested gains: benefit, medium. If enacted, you could delay paying tax on a capital gain dividend that is automatically reinvested in additional RIC shares. Shares bought by reinvestment would count as held for one year and one day. When you later sell or redeem shares, you would include the deferred gain equal to the fraction of…

## Related bills

- 119-s-1071: National Defense Authorization Act for Fiscal Year 2026
- 119-s-524: Coast Guard Authorization Act of 2025
- 119-s-3752: SAVE America Act
- 119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026
- 119-s-401: Fair Access to Banking Act
- 119-s-84: Sarah's Law

## Sources
- [119-s-1839 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1839)

## Related
- [119-s-1071: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-1071)
- [119-s-524: Coast Guard Authorization Act of 2025](https://policyrisk.com/legislation/119-s-524)
- [119-s-3752: SAVE America Act](https://policyrisk.com/legislation/119-s-3752)
- [119-s-5025: Lindsey O. Graham Sanctioning Russia Act of 2026](https://policyrisk.com/legislation/119-s-5025)
- [119-s-401: Fair Access to Banking Act](https://policyrisk.com/legislation/119-s-401)
- [119-s-84: Sarah's Law](https://policyrisk.com/legislation/119-s-84)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1839 (as of 2026-07-15).