Employee Stock Ownership Assistance Act

[AI summary unavailable — showing source text] Employee Stock Ownership Assistance Act - Title I: Sets forth the short-title of this Act and specifies that all amendments made by this Act shall be considered as amendments to the Internal Revenue Code. Title II: Amends the Internal Revenue Code to allow an income tax deferral in the case of a transfer to an individual of stock in a corporation pursuant to an employee stock option, if both the corporation and the individual elect. Allows such a deferral until such time as a disposition of such stock occurs.…