US HB5011 | 2023-2024 | 118th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on July 27 2023 - 25% progression, died in committee
Action: 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.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 27 2023 - 25% progression, died in committee
Action: 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.
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.
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] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-07-27 | House | 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. |
| 2023-07-27 | House | Introduced in House |
Same As/Similar To
HB4896 (Same As) 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.
SB2515 (Same As) 2023-07-26 - Read twice and referred to the Committee on Finance.
SB2515 (Same As) 2023-07-26 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/118th-congress/house-bill/5011/all-info |
| Text | https://www.congress.gov/118/bills/hr5011/BILLS-118hr5011ih.pdf |
