3.0.0 5851 2022-02-08T23:17:44Z 2022-02-08T23:17:44Z House HR 2020-02-11 116 [Congressional Record Volume 166, Number 28 (Tuesday, February 11, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HIGGINS of New York:H.R. 5851.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8.[Page H1046]]]> hswm00 Ways and Means Committee House Standing Referred to 2020-02-11T15:02:45Z 2020 ESOP Fairness Act 116 3270 S 2020-02-11 Read twice and referred to the Committee on Finance. Related bill CRS 2020-02-11 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2020-02-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-02-11 Introduced in House IntroReferral 1000 9 Library of Congress H001038 Rep. Higgins, Brian [D-NY-26] Brian Higgins D NY 26 N K000376 Rep. Kelly, Mike [R-PA-16] Mike Kelly R PA 16 2020-02-11 True B001260 Rep. Buchanan, Vern [R-FL-16] Vern Buchanan R FL 16 2020-06-25 False S001156 Rep. Sánchez, Linda T. [D-CA-38] Linda Sánchez D CA T. 38 2020-06-25 False W000813 Rep. Walorski, Jackie [R-IN-2] Jackie Walorski R IN 2 2020-06-25 False P000096 Rep. Pascrell, Bill, Jr. [D-NJ-9] WILLIAM PASCRELL D NJ J. 9 2020-08-07 False L000585 Rep. LaHood, Darin [R-IL-18] Darin LaHood R IL 18 2020-08-07 False Taxation Business records Employee benefits and pensions Financial services and investments Securities Taxation 00 2020-02-11 Introduced in House 2020-04-06T17:41:54Z 2019 ESOP Fairness Act

This bill allows certain over-the-counter securities to be treated as publicly traded employer securities for purposes of the diversification requirements for employee stock ownership plans (ESOPs).

]]> 2019 ESOP Fairness Act Display Title 2019 ESOP Fairness Act Official Title as Introduced To amend the Internal Revenue Code of 1986 to allow certain qualified over-the-counter securities to be treated as readily traded on an established securities market for the purpose of diversification requirements for employee stock ownership plans. Introduced in House IH Short Title(s) as Introduced 2019 ESOP Fairness Act Introduced in House IH Introduced in House 2020-02-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr5851ih/xml/BILLS-116hr5851ih.xml 2020-02-11 Referred to the House Committee on Ways and Means. 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.