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US HB6370
Bill
Status
Introduced
11/17/2016
Primary Sponsor
George Holding
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AI Summary
Legislative Description
To amend the Internal Revenue Code of 1986 for purposes of the tax on private foundation excess business holdings to treat as outstanding any employee-owned stock purchased by a business enterprise pursuant to certain employee stock ownership retirement plans.
Taxation
Last Action
Referred to the House Committee on Ways and Means.
11/17/2016
Committee Referrals
Ways And Means11/17/2016
Full Bill Text
No bill text available