United States · Bill · S
S. 742 (113th)
Promotion and Expansion of Private Employee Ownership Act of 2013
Introduced
16 April 2013
Last action
16 April 2013 · Introduced
Status
Read twice and referred to the Committee on Finance.
Sponsors
Sen. Cardin, Benjamin L. [D-MD], Sen. Roberts, Pat [R-KS], Sen. Landrieu, Mary L. [D-LA], Sen. Thune, John [R-SD], Sen. Stabenow, Debbie [D-MI], Sen. Blunt, Roy [R-MO], Sen. Klobuchar, Amy [D-MN], Sen. Crapo, Mike [R-ID], Sen. Brown, Sherrod [D-OH], Sen. Leahy, Patrick J. [D-VT], Sen. Johnson, Tim [D-SD], Sen. Collins, Susan M. [R-ME], Sen. Tester, Jon [D-MT], Sen. Sanders, Bernard [I-VT], Sen. Moran, Jerry [R-KS], Sen. Whitehouse, Sheldon [D-RI], Sen. Risch, James E. [R-ID], Sen. Franken, Al [D-MN], Sen. Baldwin, Tammy [D-WI], Sen. Hoeven, John [R-ND], Sen. Cantwell, Maria [D-WA], Sen. Heitkamp, Heidi [D-ND]
Subjects
Taxation
Source updated
12 August 2025
Summary
Promotion and Expansion of Private Employee Ownership Act of 2013 - 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 employee 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
16 April 2013
Introduced
Read twice and referred to the Committee on Finance.
Source: IntroReferral
16 April 2013
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 16 April 2013 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 16 April 2013
Introduced in Senate (PDF)
Introduced in Senate · EN · 16 April 2013
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Introduced in Senate
summary · EN · 16 April 2013
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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. Landrieu, Mary L. [D-LA] · D · Sponsor
- Sen. Thune, John [R-SD] · R · Sponsor
- Sen. Stabenow, Debbie [D-MI] · D · Sponsor
- Sen. Blunt, Roy [R-MO] · R · Sponsor
- Sen. Klobuchar, Amy [D-MN] · D · Sponsor
- Sen. Crapo, Mike [R-ID] · R · Cosponsor
- Sen. Brown, Sherrod [D-OH] · D · Cosponsor
- Sen. Leahy, Patrick J. [D-VT] · D · Cosponsor
- Sen. Johnson, Tim [D-SD] · D · Cosponsor
- Sen. Collins, Susan M. [R-ME] · R · Cosponsor
- Sen. Tester, Jon [D-MT] · D · Cosponsor
- Sen. Sanders, Bernard [I-VT] · I · Cosponsor
- Sen. Moran, Jerry [R-KS] · R · Cosponsor
- Sen. Whitehouse, Sheldon [D-RI] · D · Cosponsor
- Sen. Risch, James E. [R-ID] · R · Cosponsor
- Sen. Franken, Al [D-MN] · D · Cosponsor
- Sen. Baldwin, Tammy [D-WI] · D · Cosponsor
- Sen. Hoeven, John [R-ND] · R · Cosponsor
- Sen. Cantwell, Maria [D-WA] · D · Cosponsor
- Sen. Heitkamp, Heidi [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/113th-congress/senate-bill/742
- Open data entity: https://api.congress.gov/v3/bill/113/s/742
- us · 113-s-742 · source updated 12 August 2025