Bill Text: US HB7244 | 2019-2020 | 116th Congress | Introduced


Bill Title: 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: Slight Partisan Bill (Republican 2-1)

Status: (Introduced - Dead) 2020-06-18 - Referred to the House Committee on Ways and Means. [HB7244 Detail]

Download: US_Congress-2019-HB7244-Introduced.pdf
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