3.0.0 742 2022-11-15T16:33:04Z 2022-11-15T16:33:04Z Senate S S 2013-04-16 113 ssfi00 Finance Committee Senate Standing Referred to 2013-04-16T23:20:30Z Promotion and Expansion of Private Employee Ownership Act of 2014 113 4837 HR 2014-11-17 Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Related bill CRS 2013-04-16 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2013-04-16 Introduced in Senate IntroReferral 10000 9 Library of Congress C000141 Sen. Cardin, Benjamin L. [D-MD] Ben Cardin D MD N R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2013-04-16 True L000550 Sen. Landrieu, Mary L. [D-LA] MARY LANDRIEU D LA 2013-04-16 True T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2013-04-16 True S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2013-04-16 True B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2013-04-16 True K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2013-04-16 True C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2013-04-22 False B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2013-04-23 False L000174 Sen. Leahy, Patrick J. [D-VT] Patrick Leahy D VT 2013-05-06 False J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2013-05-08 False C001035 Sen. Collins, Susan M. [R-ME] Susan Collins R ME M. 2013-05-09 False T000464 Sen. Tester, Jon [D-MT] Jon Tester D MT 2013-05-20 False S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT 2013-05-20 False M000934 Sen. Moran, Jerry [R-KS] Jerry Moran R KS 2013-06-18 False W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI 2013-06-20 False R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2013-07-10 False F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2013-09-24 False B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2014-01-16 False H001061 Sen. Hoeven, John [R-ND] John Hoeven R ND 2014-06-26 False C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2014-09-15 False H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND 2014-11-13 False Taxation Capital gains tax Department of the Treasury Employee benefits and pensions Executive agency funding and structure Income tax deferral Securities Small business Taxation 00 2013-04-16 Introduced in Senate 2017-07-05T18:41:01Z 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.

]]> Promotion and Expansion of Private Employee Ownership Act of 2013 Display Title Promotion and Expansion of Private Employee Ownership Act of 2013 Short Titles as Introduced Promotion and Expansion of Private Employee Ownership Act of 2013 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes. Introduced in Senate 2013-04-16T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s742is/xml/BILLS-113s742is.xml 2013-04-16 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.