HR 2797 · 97th Congress · Taxation

Employees Incentive Ownership Act of 1981

Introduced 1981-03-24· Sponsored by Rep. Jones, James R. [D-OK-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: See H.R.4242.(1981-08-04)

Plain Language Summary

[AI summary unavailable — showing source text] Employees Incentive Ownership Act of 1981 - Amends the Internal Revenue Code to remove restrictions on the classification of restricted stock options and to eliminate the exercise of such stock options as an item of tax preference for purposes of the minimum tax.…

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

Cosponsors (20)

8 Democrats12 Republicans
Rep. Frenzel, Bill [R-MN-3]MN
Rep. Bafalis, L. A. (Skip) [R-FL-10]FL
Rep. Barnard, Doug, Jr. [D-GA-10]GA
Rep. Forsythe, Edwin B. [R-NJ-6]NJ
Rep. Frost, Martin [D-TX-24]TX
Rep. Glickman, Dan [D-KS-4]KS
Rep. LaFalce, John J. [D-NY-36]NY
Rep. Lagomarsino, Robert J. [R-CA-19]CA
Rep. Lott, Trent [R-MS-5]MS
Rep. Lungren, Daniel E. [R-CA-34]CA
Rep. McCloskey, Paul N., Jr. [R-CA-12]CA
Rep. Matsui, Robert T. [D-CA-3]CA
Rep. Mottl, Ronald M. [D-OH-23]OH
Rep. Panetta, Leon [D-CA-16]CA
Rep. Pritchard, Joel [R-WA-1]WA
Rep. Rousselot, John H. [R-CA-26]CA
Rep. Whitehurst, G. William [R-VA-2]VA
Rep. Whittaker, Bob [R-KS-5]KS
Rep. Wilson, Charles [D-TX-2]TX
Rep. Winn, Larry, Jr. [R-KS-3]KS