U.S. Chamber of Commerce

06/12/2026 | Press release | Distributed by Public on 06/12/2026 14:20

Growth Act Letter to 119th Congress

Growth Act Letter to 119th Congress

Published

June 12, 2026

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We, the undersigned organizations, write to reiterate our support for passage of the Generating Retirement Ownership through Long-Term Holding (GROWTH) Act of 2025 in the 119th Congress. The GROWTH Act, introduced by Senator John Cornyn (R-TX) (S. 1839) and Representatives Beth Van Duyne (R-TX) and Terri Sewell (D-AL) (H.R. 2089), would allow mutual fund investors to automatically reinvest capital gains distributions without paying taxes until they actually sell their funds, in line with other investment options. We urge Congress to help American savers by enacting the GROWTH Act.

Growth Act Letter to 119th Congress

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U.S. Chamber of Commerce published this content on June 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 12, 2026 at 20:20 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]