S Corporation ESOP Promotion and Expansion Act of 2010

referredUnited States· United States Congress· EN

Introduced

20 September 2010

Last action

20 September 2010 · Introduced

Status

Read twice and referred to the Committee on Finance.

Summary

S Corporation ESOP Promotion and Expansion Act of 2010 - Amends the Internal Revenue Code to: (1) 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); (2) allow a tax deduction for interest incurred on loans to S corporation-sponsored ESOPs for the purchase of employer securities; and (3) transfer liability for payment of estate tax on transfers of employer securities to an S corporation-sponsored ESOP from the estate executor to the ESOP. Directs the Secretary of the Treasury to establish the S Corporation Employee Ownership Assistance Office to foster increased employee ownership of S corporations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

20 September 2010
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
20 September 2010
Introduced
Introduced in Senate
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 20 September 2010 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 20 September 2010
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Introduced in Senate (PDF)
Introduced in Senate · EN · 20 September 2010
View Download Open at official source
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Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in Senate
summary · EN · 20 September 2010
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to → S Corporation ESOP Promotion and Expansion Act of 2009

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/111th-congress/senate-bill/3803
Open data entity: https://api.congress.gov/v3/bill/111/s/3803
us · 111-s-3803 · source updated 14 August 2025