To amend the Internal Revenue Code of 1986 to provide a capital gain exclusion for investments in qualified businesses with employee stock ownership programs within Federal enterprise zones.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income 100 percent of qualified capital gain recognized on the sale or exchange of a qualified zone asset held for more than five years. Describes such assets as enterprise zone stock, business property, and partnership interests.…