2019 ESOP Fairness Act

3.0.0 3270 2022-02-08T23:22:56Z 2022-02-08T23:22:56Z Senate S 2020-02-11 116 ssfi00 Finance Committee Senate Standing Referred to 2020-02-11T19:49:55Z 2019 ESOP Fairness Act 116 5851 HR 2020-02-11 Referred to the House Committee on Ways and Means. Related bill CRS 2020-02-11 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2020-02-11 Introduced in Senate IntroReferral 10000 9 Library of Congress T000476 Sen. Tillis, Thomas [R-NC] Thomas Tillis R NC Roland N P000595 Sen. Peters, Gary C. [D-MI] Gary Peters D MI 2020-02-11 True S001191 Sen. Sinema, Kyrsten [D-AZ] Kyrsten Sinema D AZ 2020-06-15 False Taxation Business records Employee benefits and pensions Financial services and investments Securities Taxation

00 2020-02-11 Introduced in Senate 2020-04-06T17:44:31Z 2020 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).

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2020 ESOP Fairness Act Display Title 2020 ESOP Fairness Act Short Title(s) as Introduced 2020 ESOP Fairness Act Introduced in Senate IS Official Title as Introduced A bill 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 Senate IS Introduced in Senate 2020-02-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s3270is/xml/BILLS-116s3270is.xml 2020-02-11 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.