U.S. Senate · 119th Congress · S. 1416
Reduction of Excess Business Holding Accrual Act
A bill to amend the Internal Revenue Code of 1986 for purposes of the tax on private foundation excess business holdings to treat as outstanding any employee-owned stock purchased by a business enterprise pursuant to certain employee stock ownership retirement plans.
Follow
Log in to follow this bill and get an email when there’s a new vote (premium).
- Sponsor
- Rick ScottR-FL
- Introduced
- April 10, 2025, in the Senate
- Issue areas
- Policy area
- Taxation (from the Congressional Research Service)
- Full text and actions
- congress.gov
Votes on this bill (0)
Neither the House nor the Senate has held a roll-call vote on this bill.
Cosponsors (0)
No member has cosponsored this bill.