US SB1300 | 2021-2022 | 117th Congress
Status
Spectrum:
Status: Introduced on April 22 2021 - 25% progression, died in committee
Action: 2021-04-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 22 2021 - 25% progression, died in committee
Action: 2021-04-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Promotion and Expansion of Private Employee Ownership Act of 2021
Sponsors
| Sen. Benjamin Cardin [D-MD] | Sen. Rob Portman [R-OH] | Sen. Debbie Stabenow [D-MI] | Sen. Mike Crapo [R-ID] |
| Sen. Maria Cantwell [D-WA] | Sen. Steve Daines [R-MT] | Sen. Sherrod Brown [D-OH] | Sen. Susan Collins [R-ME] |
| Sen. Robert Casey [D-PA] | Sen. James Risch [R-ID] | Sen. Sheldon Whitehouse [D-RI] | Sen. Roy Blunt [R-MO] |
| Sen. Margaret Hassan [D-NH] | Sen. John Boozman [R-AR] | Sen. Patrick Leahy [D-VT] | Sen. Deb Fischer [R-NE] |
| Sen. Patty Murray [D-WA] | Sen. Joni Ernst [R-IA] | Sen. Bernard Sanders [I-VT] | Sen. Amy Klobuchar [D-MN] |
| Sen. Jon Tester [D-MT] | Sen. Jeanne Shaheen [D-NH] | Sen. Angus King [I-ME] | Sen. Cory Booker [D-NJ] |
| Sen. Gary Peters [D-MI] | Sen. Chris Van Hollen [D-MD] | Sen. Tammy Duckworth [D-IL] | Sen. Jack Reed [D-RI] |
| Sen. John Kennedy [R-LA] | Sen. Jerry Moran [R-KS] | Sen. Chuck Grassley [R-IA] | Sen. John Hoeven [R-ND] |
| Sen. Pat Toomey [R-PA] | Sen. Tammy Baldwin [D-WI] | Sen. John Thune [R-SD] | Sen. Tina Smith [D-MN] |
| Sen. John Barrasso [R-WY] | Sen. Todd Young [R-IN] | Sen. Marsha Blackburn [R-TN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-22 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4141 (Related) 2021-06-24 - Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and Labor, 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.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/senate-bill/1300/all-info |
| Text | https://www.congress.gov/117/bills/s1300/BILLS-117s1300is.pdf |
