United States · Bill · HR
H.R. 4241 (98th)
A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of employee stock ownership plans.
Introduced
27 October 1983
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
7 February 2024
Summary
Amends the Internal Revenue Code to require employee stock ownership plans to permit plan participants to maintain voting control over employer securities allocated to their respective accounts, whether or not such securities are publicly or privately traded. Requires stock ownership plans to adopt a consistent formula for valuing securites contributed to such plans upon both contribution to, and withdrawal from, the plan.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 27 October 1983
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/house-bill/4241
- Open data entity: https://api.congress.gov/v3/bill/98/hr/4241