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- H.R.2092
H.R.2092: Promotion and Expansion of Private Employee Ownership Act of 2017
About This Bill
- Introduced April 12, 2017
- Latest Major Action April 12, 2017
- See the seven similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
92 (41 Democrats, 51 Republicans)
Bill Version
- Introduced in House - April 12, 2017
Bill Summary
Promotion and Expansion of Private Employee Ownership Act of 2017 This bill 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 employee 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...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| April 12, 2017 |
Referred to House Small Business
|
| April 12, 2017 |
Referred to House Education and the Workforce
|
| April 12, 2017 |
Referred to House Ways and Means
|
| April 12, 2017 |
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| April 12, 2017 |
Introduced in the House by Dave Reichert (R-Wash.) |