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- H.R.692
H.R.692: To amend the Internal Revenue Code of 1986 to exclude from gross income compensation received by employees consisting of qualified distributions of employer stock.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 26, 2009
- Latest Major Action Jan. 26, 2009
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Republicans)
Bill Summary
Amends the Internal Revenue Code to exclude from the gross income of an employee: (1) shares of stock received from an employer in a qualified employee stock distribution not exceeding the lowest number of shares received by any employee in such distribution; (2) any gain on such stock if held by such employee for not less than 10 years, and (3) in the case of any qualified disposition of stock that meets such holding requirement, any gain on...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Jan. 26, 2009 |
Introduced in the House by Dana Rohrabacher (R-Calif.) |