H.R. 4337 · 111th Congress · enacted
Regulated Investment Company Modernization Act of 2010
Became Public Law No: 111-325.
Latest official action 2010-12-22 · Enacted
The bill, briefly
(This measure has not been amended since it was passed by the Senate on December 8, 2010. The summary of that version is repeated here.) Regulated Investment Company Modernization Act of 2010 - Amends the Internal Revenue Code to revise the tax treatment of regulated investment companies (RICs). Title I: Capital Loss Carryovers of Regulated Investment Companies - (Sec. 101) Sets forth a special rule allowing unlimited carryovers of the net capital losses of RICs. Title II: Modification of Gross Income and Asset Tests of Regulated Investment Companies - (Sec. 201) Exempts RICs from loss of tax-preferred status and additional tax for failure to satisfy the gross income and assets tests if such failure is due to reasonable cause and not due to willful neglect and is de minimis. Title III: Modification of Rules Related to Dividends and Other Distributions - (Sec. 301) - Revises the definitions of "capital gain dividend" and "exempt-interest dividend" for purposes of the taxation of RICs and their shareholders to require such dividends to be reported to shareholders in written statements. Sets forth a special rule for the allocation of the excess reported amounts of such dividends. (Sec. 302) Excludes net capital losses of RICs from earnings and profits. Prohibits an RIC's earnings and profits from being reduced by any amount which is not allowable as a deduction in computing taxabl…
Congressional Research Service · 2010-12-22
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
4 of 4 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
SAMMONS ENTERPRISES INC. POLITICAL ACTION COMMITTEE$12,000
Richard E. Neal · Cosponsor · $12,000
Official PAC recordABBOTT LABORATORIES EMPLOYEE POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAFLAC POLITICAL ACTION COMMITTEE (AFLAC PAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAMERICA'S CREDIT UNIONS PAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION POLITICAL ACTION COMMITTEE (SKINPAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAMERICAN ASSOCIATION OF NURSE ANESTHETISTS SEPARATE SEGREGATED FUND (CRNA-PAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAMERICAN COUNCIL OF ENGINEERING COMPANIES (ACEC/PAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAMERICAN COUNCIL OF LIFE INSURERS POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAMSTED INDUSTRIES INCORPORATED PAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAT&T INC. EMPLOYEE FEDERAL POLITICAL ACTION COMMITTEE (AT&T EMPLOYEE FEDERAL PAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordAVANGRID POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordCME GROUP INC. PAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordCOX ENTERPRISES PAC (COXPAC) INC.$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordDELL TECHNOLOGIES, INC. POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordDELOITTE POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordDELTA AIR LINES PAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordEMPLOYEES OF RTX CORPORATION POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordEQUITABLE HOLDINGS, INC. POLITICAL ACTION COMMITTEE (EQUITABLE PAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordERNST & YOUNG POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordFMR LLC POLITICAL ACTION COMMITTEE - FEDERAL (FIDELITY PAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordFRESENIUS MEDICAL CARE HOLDINGS, INC. POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordGENERAL ELECTRIC COMPANY AEROSPACE EMPLOYEE POLITICAL ACTION COMMITTEE (GE AEROSPACE PAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordGOOGLE LLC NETPAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordHCA HEALTHCARE, INC. GOOD GOVERNMENT FUND$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordHDR, INC. EMPLOYEE OWNERS PAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordHUMANA INC. POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordINSURED RETIREMENT INSTITUTE POLITICAL ACTION COMMITTEE (IRI PAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordINTERNATIONAL ASSOCIATION OF SHEET METAL, AIR, RAIL AND TRANSPORTATION WORKERS POLITICAL ACTION LEAGUE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordJPMORGAN CHASE & CO. FEDERAL POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordKIDSPAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordLABORERS' INTERNATIONAL UNION OF NORTH AMERICA (LIUNA) PAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordLINCOLN NATIONAL CORPORATION POLITICAL ACTION COMMITTEE (AKA LINCOLN FINANCIAL FEDERAL POLITICAL ACTION COMMITTEE, FEDERAL LFGPAC)$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordMASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordMOLINA HEALTHCARE, INC. PAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordNATIONAL ASSOCIATION OF INSURANCE AND FINANCIAL ADVISORS POLITICAL ACTION COMM$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordNATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS, INC. POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordNATIONAL ELECTRICAL CONTRACTORS ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordNATIONAL VENTURE CAPITAL ASSOCIATION VENTUREPAC$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordNEW YORK LIFE INSURANCE COMPANY POLITICAL ACTION COMMITTEE$10,000
Richard E. Neal · Cosponsor · $10,000
Official PAC recordThe largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.
Measured outcome: not established
Enactment alone does not show whether a law improved its intended outcome. We need a dated evaluation, observed result or verified implementation record before claiming success or failure.