S 3436 · 95th Congress · Commerce

A bill for the valuation of options to purchase stock in a small business

Introduced 1978-08-18· Sponsored by Sen. Haskell, Floyd K. [D-CO]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1978-08-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to require the Secretary of the Treasury to prescribe regulations for determining the fair market value of a stock option granted to an employee of a small business enterprise who elects to include such option in gross income in the year in which it is granted. Sets forth factors which the Secretary may adopt in prescribing such regulations.…

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

Cosponsors (1)

1 Democrat