S.3152: Empowering Employees through Stock Ownership Act

Empowering Employees through Stock Ownership Act 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 stock until the year that includes the earliest of the dates on which: the stock is sold, exchanged, or otherwise transferred; the employee...

(Source: Library of Congress)