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- H.R.2416
H.R.2416: Employee Ownership Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about congress
- Introduced June 28, 2001
- Latest Major Action June 28, 2001
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
14 (4 Democrats, 1 Independent Democrat, 10 Republicans)
Bill Summary
Employee Ownership Act of 2001 - Declares the policy of the United States that, by the year 2010, 30 percent of all U.S. corporations shall be owned and controlled by their employees.Amends the Internal Revenue Code to provide for tax-exempt employee-owned and employee-controlled corporation (EOECC) trusts whose primary assets consist of the employer securities of an EOECC.Declares that: (1) there shall be no tax on the corporate income of an...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| June 28, 2001 |
Introduced in the House by Dana Rohrabacher (R-Calif.) |