Wealth Through the Workplace Act of 1999

Summary

Wealth Through the Workplace Act of 1999 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to establish requirements relating to certain stock purchase arrangements maintained by employers for at least 50 percent of their employees. Requires employers to provide annual descriptions of disclosure statements regarding such stock to employees granted an option to purchase it. Amends the Internal Revenue Code to provide for special treatment of stock options meeting such ERISA requirements. Permits employees to defer payment of taxes at a special rate on the stock obtained through the options until they sell the stock. Allows employers a limited tax deduction for such stock transfers to employees. Sets forth certain restrictions on disposition of transferred shares.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 18 November 1999

   Introduced

   Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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.

   Source: IntroReferral

2. 18 November 1999

   Introduced

   Referred to the Committee on Education and the Workforce, and in addition to the Committee on Ways and Means, 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.

   Source: IntroReferral

3. 18 November 1999

   Introduced

   Introduced in House

   Source: IntroReferral

4. 18 November 1999

   Introduced

   Introduced in House

   Source: IntroReferral

5. 9 February 2000

   Referred

   Referred to the Subcommittee on Employer-Employee Relations.

   Source: Committee

6. 16 March 2000

   Committee

   Subcommittee Hearings Held.

   Source: Committee

7. 23 May 2000

   Committee

   Subcommittee Consideration and Mark-up Session Held.

   Source: Committee

8. 23 May 2000

   Committee

   Forwarded by Subcommittee to Full Committee by Voice Vote.

   Source: Committee

9. 21 June 2000

   Reported

   Ordered to be Reported (Amended) by Voice Vote.

   Source: Committee

10. 21 June 2000

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 18 November 1999 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 18 November 1999

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 18 November 1999

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 18 November 1999

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Boehner, John A. [R-OH-8] · R · Sponsor
• Rep. Oxley, Michael G. [R-OH-4] · R · Sponsor
• Sen. Portman, Rob [R-OH] · R · Sponsor
• Rep. Ballenger, Cass [R-NC-10] · R · Cosponsor
• Rep. Goodling, William F. [R-PA-19] · R · Cosponsor
• Rep. Armey, Richard K. [R-TX-26] · R · Cosponsor
• Rep. DeLay, Tom [R-TX-22] · R · Cosponsor
• Rep. Hoekstra, Peter [R-MI-2] · R · Cosponsor
• Rep. Fletcher, Ernie [R-KY-6] · R · Cosponsor
• Rep. Petri, Thomas E. [R-WI-6] · R · Cosponsor
• Rep. Eshoo, Anna G. [D-CA-18] · D · Cosponsor
• · hsed00 · Standing
• · hswm00 · Standing

Related records

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