US HB4896 | 2023-2024 | 118th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on July 26 2023 - 25% progression, died in committee
Action: 2023-07-26 - Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Promotion and Expansion of Private Employee Ownership Act of 2023

Sponsors

Rep. Mike Kelly [R-PA]Rep. Earl Blumenauer [D-OR]Rep. Brad Wenstrup [R-OH]Rep. Carol Miller [R-WV]
Rep. Ron Estes [R-KS]Rep. Bill Pascrell [D-NJ]Rep. Danny Davis [D-IL]Rep. Terri Sewell [D-AL]
Rep. Blake Moore [R-UT]Rep. Claudia Tenney [R-NY]Rep. Brendan Boyle [D-PA]Rep. Angela Craig [D-MN]
Rep. Susan Wild [D-PA]Rep. David Rouzer [R-NC]Rep. Jerry Carl [R-AL]Rep. Scott Fitzgerald [R-WI]
Rep. Mark Alford [R-MO]Rep. Larry Bucshon [R-IN]Rep. Sharice Davids [D-KS]Rep. Ro Khanna [D-CA]
Rep. Suzanne Bonamici [D-OR]Rep. Glenn Grothman [R-WI]Rep. Brittany Pettersen [D-CO]Rep. Glenn Thompson [R-PA]
Rep. Brian Fitzpatrick [R-PA]Rep. Bryan Steil [R-WI]Rep. Janice Schakowsky [D-IL]Rep. Daniel Kildee [D-MI]
Rep. C.A. Ruppersberger [D-MD]Rep. Julia Brownley [D-CA]Rep. Dean Phillips [D-MN]Rep. Linda Sanchez [D-CA]
Rep. Robin Kelly [D-IL]Rep. Mike Flood [R-NE]Rep. Marc Veasey [D-TX]Rep. Dwight Evans [D-PA]
Rep. Yadira Caraveo [D-CO]Rep. Sam Graves [R-MO]Rep. Lloyd Smucker [R-PA]Rep. Darin LaHood [R-IL]
Rep. Young Kim [R-CA]Rep. Jacob Laturner [R-KS]Rep. Dusty Johnson [R-SD]Rep. Don Bacon [R-NE]
Rep. John Moolenaar [R-MI]Rep. Joseph Neguse [D-CO]Sen. John Curtis [R-UT]Rep. Jimmy Panetta [D-CA]
Rep. Emanuel Cleaver [D-MO]Rep. Robert Aderholt [R-AL]Rep. Andrea Salinas [D-OR]Rep. Jasmine Crockett [D-TX]
Rep. Mike Carey [R-OH]Rep. Greg Steube [R-FL]Rep. Nicholas Langworthy [R-NY]Rep. Zachary Nunn [R-IA]
Rep. Mark DeSaulnier [D-CA]Rep. Gwen Moore [D-WI]Rep. Ed Case [D-HI]Rep. Bradley Schneider [D-IL]
Rep. Thomas Suozzi [D-NY]Rep. Adrian Smith [R-NE]Rep. Christopher Pappas [D-NH]

History

DateChamberAction
2023-07-26HouseReferred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2023-07-26HouseIntroduced in House

Same As/Similar To

HB5011 (Same As) 2023-07-27 - Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
SB2515 (Same As) 2023-07-26 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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