Senate Bill 3270
116th Congress(2019-2020)
2020 ESOP Fairness Act
Introduced
Introduced in Senate on Feb 11, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3270
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
2020 ESOP Fairness Act
This bill allows certain over-the-counter securities to be treated as publicly traded employer securities for purposes of the diversification requirements for employee stock ownership plans (ESOPs).
February 11, 2020
Sort by most recent
02/11/2020
Read twice and referred to the Committee on Finance.
02/11/2020
Introduced in Senate
Public Record
Record Updated
Feb 8, 2022 11:22:56 PM