A bill to direct the Securities and Exchange Commission to develop standards for valuing stock which is not readily marketable for purposes of the provisions of the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 which relate to employee stock ownership plans.

referredUnited States· United States Congress· EN

Introduced

4 August 1988

Last action

—

Status

Referred to Subcommittee on Labor-Management Relations.

Summary

Requires the Securities and Exchange Commission to prescribe regulations establishing standards for valuing stock which is not readily tradable on an established securities market for purposes of making valuations under provisions of the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 which relate to employee stock ownership plans.

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Documents

1 official file

Introduced in House
summary · EN · 4 August 1988
Open at official source

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Official source: https://www.congress.gov/bill/100th-congress/house-bill/5171
Open data entity: https://api.congress.gov/v3/bill/100/hr/5171