HR 2992 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide special rules for certain gratuitous transfers of employer securities for the benefit of employees.

Introduced 1989-07-25· Sponsored by Rep. Andrews, Michael [D-TX-25]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-07-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code regarding estates and trusts to provide rules for the gratuitous transfer of qualified employer securities to an employee stock ownership plan from charitable remainder trusts.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican
Rep. Vander Jagt, Guy [R-MI-9]MI