HR 3082 · 106th Congress · Taxation

To amend the Internal Revenue Code of 1986 to prohibit certain allocations of S corporation stock held by an employee stock ownership plan.

Introduced 1999-10-14· Sponsored by Rep. Ramstad, Jim [R-MN-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-10-14)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to prohibit certain allocations of S corporation stock held by an employee stock ownership plan.…

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

Cosponsors (20)

5 Democrats15 Republicans
Rep. Cardin, Benjamin L. [D-MD-3]MD
Rep. Crane, Philip M. [R-IL-8]IL
Rep. Foley, Mark [R-FL-16]FL
Rep. Herger, Wally [R-CA-2]CA
Rep. Houghton, Amo [R-NY-31]NY
Rep. Johnson, Nancy L. [R-CT-6]CT
Rep. Kleczka, Gerald D. [D-WI-4]WI
Rep. Lewis, Ron [R-KY-2]KY
Rep. Luther, Bill [D-MN-6]MN
Rep. McCrery, Jim [R-LA-4]LA
Rep. McInnis, Scott [R-CO-3]CO
Rep. Portman, Rob [R-OH-2]OH
Rep. Thurman, Karen L. [D-FL-5]FL
Rep. Watkins, Wes [R-OK-3]OK
Rep. Weller, Jerry [R-IL-11]IL
Rep. Camp, Dave [R-MI-4]MI
Rep. Johnson, Sam [R-TX-3]TX
Rep. English, Phil [R-PA-21]PA
Rep. Matsui, Robert T. [D-CA-5]CA
Rep. Shaw, E. Clay, Jr. [R-FL-22]FL