United States · Bill · HR
H.R. 5060 (96th)
Employees Incentive Ownership Act of 1979
Introduced
1 August 1979
Last action
1 August 1979 · Introduced
Status
Referred to House Committee on Ways and Means.
Sponsors
Rep. Jones, James R. [D-OK-1], Rep. Frenzel, Bill [R-MN-3], Rep. Gibbons, Sam [D-FL-11], Rep. Conable, Barber B., Jr. [R-NY-30], Rep. Archer, Bill [R-TX-7], Rep. Gephardt, Richard A. [D-MO-3], Rep. Rousselot, John H. [R-CA-26], Rep. Moore, W. Henson [R-LA-6], Rep. AuCoin, Les [D-OR-1], Rep. McCloskey, Paul N., Jr. [R-CA-12], Rep. Mineta, Norman Y. [D-CA-15], Rep. Stanton, J. William [R-OH-11], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. de la Garza, E. [D-TX-15], Rep. Butler, M. Caldwell [R-VA-6], Rep. Burgener, Clair W. [R-CA-43], Rep. Frost, Martin [D-TX-24], Rep. Glickman, Dan [D-KS-4], Rep. Stockman, David A. [R-MI-4], Rep. LaFalce, John J. [D-NY-29], Rep. Lloyd, Marilyn [D-TN-3], Rep. Pritchard, Joel [R-WA-1], Rep. Loeffler, Tom [R-TX-21], Rep. Bafalis, L. A. (Skip) [R-FL-10], Rep. Whitehurst, G. William [R-VA-2], Rep. Hughes, William J. [D-NJ-2], Rep. Whittaker, Bob [R-KS-5], Rep. Cheney, Dick [R-WY-At Large], Rep. Shannon, James M. [D-MA-5], Rep. Wilson, Charles [D-TX-2], Del. Won Pat, Antonio B. [D-GU-At Large], Rep. D'Amours, Norman E. [D-NH-1], Rep. Edwards, Mickey [R-OK-5], Rep. Yatron, Gus [D-PA-6], Rep. Buchanan, John [R-AL-6], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Heftel, Cecil [D-HI-1], Rep. Neal, Stephen L. [D-NC-5], Rep. Blanchard, James [D-MI-18], Rep. Badham, Robert E. [R-CA-40], Rep. Schulze, Richard T. [R-PA-5], Rep. Mottl, Ronald M. [D-OH-23], Sen. Lott, Trent [R-MS], Rep. Martin, James G. [R-NC-9], Rep. Tauke, Thomas Joseph [R-IA-2], Rep. Lungren, Daniel E. [R-CA-3], Rep. Lent, Norman F. [R-NY-4]
Subjects
Taxation
Source updated
2 September 2025
Summary
Employees Incentive Ownership Act of 1979 - Amends the Internal Revenue Code to remove restrictions on the use of restricted stock options and to eliminate the exercise of such stock options as an item of tax preference for purposes of the minimum tax.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
1 August 1979
Introduced
Referred to House Committee on Ways and Means.
Source: IntroReferral
1 August 1979
Introduced
Introduced in House
Source: IntroReferral
1 August 1979
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Leesvertaling
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Introduced in House
summary · EN · 1 August 1979
Sponsors
- Rep. Jones, James R. [D-OK-1] · D · Sponsor
- Rep. Frenzel, Bill [R-MN-3] · R · Cosponsor
- Rep. Gibbons, Sam [D-FL-11] · D · Cosponsor
- Rep. Conable, Barber B., Jr. [R-NY-30] · R · Cosponsor
- Rep. Archer, Bill [R-TX-7] · R · Cosponsor
- Rep. Gephardt, Richard A. [D-MO-3] · D · Cosponsor
- Rep. Rousselot, John H. [R-CA-26] · R · Cosponsor
- Rep. Moore, W. Henson [R-LA-6] · R · Cosponsor
- Rep. AuCoin, Les [D-OR-1] · D · Cosponsor
- Rep. McCloskey, Paul N., Jr. [R-CA-12] · R · Cosponsor
- Rep. Mineta, Norman Y. [D-CA-15] · D · Cosponsor
- Rep. Stanton, J. William [R-OH-11] · R · Cosponsor
- Rep. Forsythe, Edwin B. [R-NJ-6] · R · Cosponsor
- Rep. Lagomarsino, Robert J. [R-CA-19] · R · Cosponsor
- Rep. de la Garza, E. [D-TX-15] · D · Cosponsor
- Rep. Butler, M. Caldwell [R-VA-6] · R · Cosponsor
- Rep. Burgener, Clair W. [R-CA-43] · R · Cosponsor
- Rep. Frost, Martin [D-TX-24] · D · Cosponsor
- Rep. Glickman, Dan [D-KS-4] · D · Cosponsor
- Rep. Stockman, David A. [R-MI-4] · R · Cosponsor
- Rep. LaFalce, John J. [D-NY-29] · D · Cosponsor
- Rep. Lloyd, Marilyn [D-TN-3] · D · Cosponsor
- Rep. Pritchard, Joel [R-WA-1] · R · Cosponsor
- Rep. Loeffler, Tom [R-TX-21] · R · Cosponsor
- Rep. Bafalis, L. A. (Skip) [R-FL-10] · R · Cosponsor
- Rep. Whitehurst, G. William [R-VA-2] · R · Cosponsor
- Rep. Hughes, William J. [D-NJ-2] · D · Cosponsor
- Rep. Whittaker, Bob [R-KS-5] · R · Cosponsor
- Rep. Cheney, Dick [R-WY-At Large] · R · Cosponsor
- Rep. Shannon, James M. [D-MA-5] · D · Cosponsor
- Rep. Wilson, Charles [D-TX-2] · D · Cosponsor
- Del. Won Pat, Antonio B. [D-GU-At Large] · D · Cosponsor
- Rep. D'Amours, Norman E. [D-NH-1] · D · Cosponsor
- Rep. Edwards, Mickey [R-OK-5] · R · Cosponsor
- Rep. Yatron, Gus [D-PA-6] · D · Cosponsor
- Rep. Buchanan, John [R-AL-6] · R · Cosponsor
- Rep. Barnard, Doug, Jr. [D-GA-10] · D · Cosponsor
- Rep. Heftel, Cecil [D-HI-1] · D · Cosponsor
- Rep. Neal, Stephen L. [D-NC-5] · D · Cosponsor
- Rep. Blanchard, James [D-MI-18] · D · Cosponsor
- Rep. Badham, Robert E. [R-CA-40] · R · Cosponsor
- Rep. Schulze, Richard T. [R-PA-5] · R · Cosponsor
- Rep. Mottl, Ronald M. [D-OH-23] · D · Cosponsor
- Sen. Lott, Trent [R-MS] · R · Cosponsor
- Rep. Martin, James G. [R-NC-9] · R · Cosponsor
- Rep. Tauke, Thomas Joseph [R-IA-2] · R · Cosponsor
- Rep. Lungren, Daniel E. [R-CA-3] · R · Cosponsor
- Rep. Lent, Norman F. [R-NY-4] · R · Cosponsor
Showing 48 of 71 sponsors and actors.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/96th-congress/house-bill/5060
- Open data entity: https://api.congress.gov/v3/bill/96/hr/5060
- us · 96-hr-5060 · source updated 2 September 2025