Investors may defer taxation of reinvested mutual fund capital gains dividends until the fund is sold, if a bill introduced Tuesday in the House of Representatives were to become law, Dow Jones reports.

Under current law, investors must pay taxes on dividends before they sell their shares in a mutual fund. The bill, submitted by Rep. Paul Ryan, (R-Wis.), who serves on the House Ways and Means Committee, will bring the tax treatment of fund investors in line with those of stock investors.

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