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United States · Bill · S

S. 2843 (97th)

Employee Stock Ownership Plan Expansion Act

openUnited States· United States Congress· EN

Introduced

16 August 1982

Last action

Status

Committee on Finance requested executive comment from OMB; Treasury Department.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Employee Stock Ownership Plan Expansion Act - Amends the Internal Revenue Code to limit the application of the stock voting rights pass through requirements to only those employee stock ownership plans which elect to take the employee stock ownership tax credits. Allows such plans to acquire nonvoting stock provided such plans elect not to take the employee stock ownership tax credits.

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Documents

1 official file

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