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.

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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.