HR 3105 · 119th Congress · Taxation

Promotion and Expansion of Private Employee Ownership Act of 2025

Introduced 2025-04-30· Sponsored by Rep. Kelly, Mike [R-PA-16]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2025-04-30)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3105 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3105 To amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 30, 2025 Mr. Kelly of Pennsylvania (for himself, Mr. Panetta, Mr. Estes, Mr. Schneider, Mrs. Miller of West Virginia, Mr. Davis of Illinois, Mr. Moore of Utah, and Ms. Sewell) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and fo…

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

Cosponsors (20)

8 Democrats12 Republicans