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- H.R.2258
H.R.2258: Promotion and Expansion of Private Employee Ownership Act of 2019
About This Bill
- Introduced April 10, 2019
- Latest Major Action April 10, 2019
- See the seven similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
53 (26 Democrats, 27 Republicans)
Bill Version
- Introduced in House - April 10, 2019
Bill Summary
Promotion and Expansion of Private Employee Ownership Act of 2019 This bill expands tax incentives and federal assistance for employee stock ownership plans (ESOPs) that are sponsored by S corporations. The bill provides additional tax incentives for ESOPs by (1) extending to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer securities to an ESOP; and (2) allowing a tax...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 10, 2019 |
Referred to the Committee on Ways and Means, and in addition to the Committees on Education and Labor, 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 10, 2019 |
Introduced in the House by Ron Kind (D-Wis.) |