Bill Title: A bill to amend the Internal Revenue Code of 1986 for purposes of the tax on private foundation excess business holdings to treat as outstanding any employee-owned stock purchased by a business enterprise pursuant to certain employee stock ownership retirement plans.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2019-08-01 - Read twice and referred to the Committee on Finance. [SB2423 Detail]

Text: Latest bill text (Introduced) [PDF]

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