United States · Bill · S
S. 1512 (112th)
Promotion and Expansion of Private Employee Ownership Act of 2011
Introduced
6 September 2011
Last action
6 September 2011 · Introduced
Status
Read twice and referred to the Committee on Finance.
Sponsors
Sen. Cardin, Benjamin L. [D-MD], Sen. Roberts, Pat [R-KS], Sen. Snowe, Olympia J. [R-ME], Sen. Sanders, Bernard [I-VT], Sen. Moran, Jerry [R-KS], Sen. Landrieu, Mary L. [D-LA], Sen. Blunt, Roy [R-MO], Sen. Leahy, Patrick J. [D-VT], Sen. Whitehouse, Sheldon [D-RI], Sen. Klobuchar, Amy [D-MN], Sen. Thune, John [R-SD], Sen. Collins, Susan M. [R-ME], Sen. Cantwell, Maria [D-WA], Sen. Johnson, Tim [D-SD], Sen. Lieberman, Joseph I. [ID-CT], Sen. Kohl, Herb [D-WI], Sen. Brown, Scott P. [R-MA], Sen. Tester, Jon [D-MT], Sen. Hoeven, John [R-ND], Sen. Stabenow, Debbie [D-MI], Sen. Conrad, Kent [D-ND]
Subjects
Taxation
Source updated
14 August 2025
Summary
Promotion and Expansion of Private Employee Ownership Act of 2011 - Amends the Internal Revenue Code to extend to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer securities to an S corporation-sponsored employer stock ownership plan (ESOP). Directs the Secretary of the Treasury to establish the S Corporation Employee Ownership Assistance Office to foster increased employee ownership of S corporations. Amends the Small Business Act to define "ESOP business concern" and allow such a concern to continue to qualify for loans, preferences, and other programs under such Act.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
6 September 2011
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
6 September 2011
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 6 September 2011 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 6 September 2011
Introduced in Senate (PDF)
Introduced in Senate · EN · 6 September 2011
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Introduced in Senate
summary · EN · 6 September 2011
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Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Cardin, Benjamin L. [D-MD] · D · Sponsor
- Sen. Roberts, Pat [R-KS] · R · Sponsor
- Sen. Snowe, Olympia J. [R-ME] · R · Sponsor
- Sen. Sanders, Bernard [I-VT] · I · Cosponsor
- Sen. Moran, Jerry [R-KS] · R · Cosponsor
- Sen. Landrieu, Mary L. [D-LA] · D · Cosponsor
- Sen. Blunt, Roy [R-MO] · R · Cosponsor
- Sen. Leahy, Patrick J. [D-VT] · D · Cosponsor
- Sen. Whitehouse, Sheldon [D-RI] · D · Cosponsor
- Sen. Klobuchar, Amy [D-MN] · D · Cosponsor
- Sen. Thune, John [R-SD] · R · Cosponsor
- Sen. Collins, Susan M. [R-ME] · R · Cosponsor
- Sen. Cantwell, Maria [D-WA] · D · Cosponsor
- Sen. Johnson, Tim [D-SD] · D · Cosponsor
- Sen. Lieberman, Joseph I. [ID-CT] · ID · Cosponsor
- Sen. Kohl, Herb [D-WI] · D · Cosponsor
- Sen. Brown, Scott P. [R-MA] · R · Cosponsor
- Sen. Tester, Jon [D-MT] · D · Cosponsor
- Sen. Hoeven, John [R-ND] · R · Cosponsor
- Sen. Stabenow, Debbie [D-MI] · D · Cosponsor
- Sen. Conrad, Kent [D-ND] · D · Cosponsor
- · ssfi00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/112th-congress/senate-bill/1512
- Open data entity: https://api.congress.gov/v3/bill/112/s/1512
- us · 112-s-1512 · source updated 14 August 2025