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United States · Bill · S

S. 2162 (98th)

Employee Stock Ownership Assistance Act

openUnited States· United States Congress· EN

Introduced

18 November 1983

Last action

Status

Committee on Finance requested executive comment from OMB, Treasury Department, Labor Department.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Employee Stock Ownership Assistance Act - Title I: Sets forth the short-title of this Act and specifies that all amendments made by this Act shall be considered as amendments to the Internal Revenue Code. Title II: Amends the Internal Revenue Code to allow an income tax deferral in the case of a transfer to an individual of stock in a corporation pursuant to an employee stock option, if both the corporation and the individual elect. Allows such a deferral until such time as a disposition of such stock occurs.

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1 official file

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