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- H.R.4837
H.R.4837: Promotion and Expansion of Private Employee Ownership Act of 2014
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about taxation
- Introduced June 11, 2014
- Latest Major Action Nov. 17, 2014
- See the seven similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
37 (20 Democrats, 17 Republicans)
Bill Summary
Promotion and Expansion of Private Employee Ownership Act of 2014 - Amends the Internal Revenue Code to: (1) extend to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer securities to an S corporation-sponsored employer stock ownership plan (ESOP); and (2) allow a tax deduction for 50% of the interest incurred on loans to S corporation-sponsored ESOPs for the purchase of...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Nov. 17, 2014 |
Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
|
| June 11, 2014 |
Referred to House Small Business
|
| June 11, 2014 |
Referred to House Education and the Workforce
|
| June 11, 2014 |
Referred to House Ways and Means
|
| June 11, 2014 |
Introduced in the House by Dave Reichert (R-Wash.) |