H.R.5719: Empowering Employees through Stock Ownership Act

About This Bill

Bill Summary

(This measure has not been amended since it was reported to the House on September 16, 2016. The summary of that version is repeated here.) Empowering Employees through Stock Ownership Act (Sec. 2) This bill amends the Internal Revenue Code to allow an employee to elect to defer, for income tax purposes, income attributable to certain stock transferred to the employee by an employer. The employee may defer the inclusion of income from the...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 5 statements associated with H.R.5719.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.5719.

Bill Actions

Date Description
Sept. 26, 2016
Received in the Senate.
Sept. 22, 2016
Motion to reconsider laid on the table Agreed to without objection.
Sept. 22, 2016

On passage Passed by the Yeas and Nays: 287 - 124 (Roll no. 544). (text of amendment in the nature of a substitute: CR H5822-5824)

Sept. 22, 2016
Considered as unfinished business. (consideration: CR H5719-5835)
Sept. 22, 2016
POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 5719, the Chair put the question on passage and by voice vote, announced that the ayes had prevailed. Mr. Crowley demanded the yeas and nays and the Chair postponed further proceedings on passage of the bill until a time to be announced.
Sept. 22, 2016
The previous question was ordered pursuant to the rule. (consideration: CR H5829)
Sept. 22, 2016
DEBATE - The House proceeded with one hour of debate on H.R. 5719.
Sept. 22, 2016
Rule provides for consideration of H.R. 3438 and H.R. 5719. The resolution provides for one hour of general debate on H.R. 3438 and H.R. 5719. The resolution provides that it shall be in order at any time on the legislative day of September 22, 2016 or September 23, 2016, for the Speaker to entertain motions that the House suspend the rules.
Sept. 22, 2016
Considered under the provisions of rule H. Res. 875. (consideration: CR H5822-5830)
Sept. 21, 2016
Rule H. Res. 875 passed House.
Sept. 20, 2016
Rules Committee Resolution H. Res. 875 Reported to House. Rule provides for consideration of H.R. 3438 and H.R. 5719. The resolution provides for one hour of general debate on H.R. 3438 and H.R. 5719. The resolution provides that it shall be in order at any time on the legislative day of September 22, 2016 or September 23, 2016, for the Speaker to entertain motions that the House suspend the rules.
Sept. 16, 2016
Placed on the Union Calendar, Calendar No. 581.
Sept. 16, 2016
Reported (Amended) by the Committee on Ways and Means. H. Rept. 114-748.
Sept. 14, 2016
Ordered to be Reported (Amended) by Voice Vote.
Sept. 14, 2016
Committee Consideration and Mark-up Session Held.
July 11, 2016
Referred to the House Committee on Ways and Means.
July 11, 2016

Introduced in the House by Erik Paulsen (R-Minn.)

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