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Empowering Employees through Stock Ownership Act
Legislative Progress
Momentum (last 30 days)
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0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
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0d open
vs 3,548 other S bills in the 114th — cohort avg 43d
Empowering Employees through Stock Ownership Act This bill amends the Internal Revenue Code to allow an employee to elect to defer, for income tax purposes, income attributable to certain stock transferred to the employee by an employer. The employee may defer the inclusion of income from the stock until the year that includes the earliest of the dates on which: the stock is sold, exchanged, or otherwise transferred; the employee becomes an excluded employee; stock of the corporation becomes readily tradable on an established securities market; seven years has passed after the rights of the employee in the stock are transferrable or are not subject to a substantial risk of forfeiture, whichever occurs earlier; or the employee elects to include the amount in income. The stock must meet specified requirements and be transferred to the employee from an eligible corporation in connection with the performance of services as an employee. A corporation is eligible if: (1) no stock of the corporation is readily tradable on an established securities market during the year or any preceding year, and (2) it has a written plan under which at least 80% of all employees have the same rights and privileges to receive stock for the year. Employees are excluded if they are or have been: (1) a 1% owner, the chief executive officer, or the chief financial officer of the corporation; (2) a family member of the specified individuals; (3) or one of the four highest compensated officers of the corporation. The corporation transferring stock must notify employees regarding the option of deferring income and meet specified withholding and reporting requirements.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (8)
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2017 · first_quarter · Taxation/Internal Revenue Code
IRS fraud detection programs. H.R.5719/S.3152 - Empowering Employees through Stock Ownership Act.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Financial Institutions/Investments/Securities
Policy issues relating to transparency and conflicts of interest in the financial services' proxy advisory industry, and capital markets structure. H.R. 1839, the Reforming Access for Investments in Startup Enterprises Act. H.R. 5719/ S. 3152, the Empowering Employees Through Stock Ownership Act.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Small Business
startup economy; economic development; H.R.5719/S. 3152 - Empowering Employees through Stock Ownership Act
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Taxation/Internal Revenue Code
H.R.5719/S. 3152 - Empowering Employees through Stock Ownership Act
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Taxation/Internal Revenue Code
S. 3152 & HR 5719 - Empowering Employees through Stock Ownership Act, and S.3471 "Retirement Enhancement & Savings Act of 2016."
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Taxation/Internal Revenue Code
H.R.5719/S.3152 - Empowering Employees through Stock Ownership Act.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Taxation/Internal Revenue Code
Reauthorization of expired tax laws; Tax code reform; Tax enforcement; S 2809, To amend the Internal Revenue Code of 1986 to preserve taxpayers' rights to administrative appeal of deficiency determinations, and for other purposes H.R. 5719 / S.3152, Empowering Employees Through Stock Ownership Act
Client expense: $140,000 · Firm income: Not reported
Government targets: Federal Aviation Administration (FAA), Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, Natl Highway Traffic Safety Administration (NHTSA), SENATE, U.S. Trade Representative (USTR)
2016 · third_quarter · Taxation/Internal Revenue Code
H.R.5719/S. 3152 - Empowering Employees through Stock Ownership Act
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Small Business
startup economy; economic development; H.R.5719/S. 3152 - Empowering Employees through Stock Ownership Act
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Taxation/Internal Revenue Code
Reauthorization of expired tax laws; Tax code reform; Tax enforcement; S 2809, To amend the Internal Revenue Code of 1986 to preserve taxpayers' rights to administrative appeal of deficiency determinations, and for other purposes H.R. 5719 / S.3152, Empowering Employees Through Stock Ownership Act
Client expense: $230,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE, U.S. Trade Representative (USTR)
2016 · third_quarter · Financial Institutions/Investments/Securities
Policy issues relating to transparency and conflicts of interest in the financial services' proxy advisory industry, and capital markets structure. H.R. 1839, the Reforming Access for Investments in Startup Enterprises Act. H.R. 5719/ S. 3152, the Empowering Employees Through Stock Ownership Act.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Taxation/Internal Revenue Code
Empowering Employees Through Stock Ownership Act (H.R. 5719 and S. 3152 - entire bills)
Client expense: Not reported · Firm income: $10,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Small Business
Access to Capital: SBE Council continues to advocate for reforms and solutions to improve capital formation in the U.S. and access to capital for small businesses. Specific bills include: Fix Crowdfunding Act of 2016 (H.R. 4855): Supported House passage. Investment Advisers Modernization Act of 2016 (H.R. 5424): Supported House passage. Accelerating Access to Capital Act of 2015 (H.R. 2357): Supported House passage. Regulatory Reform and Modernization: SBE Council continues to voice support for comprehensive regulatory reform including streamlining regulations, more openness and transparency in the regulatory process, giving small businesses a meaningful voice in rulemakings, cost-benefit analysis, and looks-backs and sunsetting of regulations. Specific bills include: Regulatory Relief for Small Businesses, Schools, and Nonprofits Act (H.R. 6094): Supported House passage. Overtime Reform and Review Act (S. 3464): Support. The Financial CHOICE Act: Support House bill to reform Dodd-Frank and the financial regulatory system. Require Evaluation Before Implementing Executive Wishlists Act (REVIEW Act) of 2015 (H.R. 3438 and S. 1927): Supported House passage and Senate bill. Stop Settlement Slush Funds Act of 2016 (H.R. 5063 and S. 3050): Supported House passage and Senate bill. Regulatory Integrity Act of 2016 (H.R. 5226): Supported House passage. Federal Communications Commission rules on Set-Top-Box: Oppose proposed rulemaking and pushed for changes and a more open process. Postal Service Reform Act (H.R. 5714): Expressed concern to U.S. House about this bill. Protecting Workplace Advancement and Opportunity Act: Support. Overtime Reform and Enhancement Act (H.R. 5813): Support. EPA and the Clean Air Science Advisory Committee (CASAC): Urged the EPA to add diverse and neutral members of this advisory council. ADA Education and Reform Act of 2016 (H.R. 3765): Support Tax Reform and Relief: SBE Council continues to engage with Congress and the Administration on the need for tax system overhaul, fairness and simplicity for small businesses. Specific bills and actions include: Section 385 regulatory changes by U.S. Treasury: Expressed concern and opposed hasty changes. Mobile Workforce State Income Tax and Simplification Act of 2015 (H.R. 2315 and S. 386): Supported House passage and Senate bill. Empowering Employees Through Stock Ownership Act (H.R. 5719 and S. 3152): Supported House passage and Senate bill. U.S. Treasury regulatory changes to Estate, Gift, and Generation-skipping Transfer Taxes: Restrictions on Liquidation of an Interest: Oppose regulatory changes proposed by Treasury. Protect Family Farms and Businesses Act (H.R. 6100 and S. 3436): Support both bills. International Trade, Competitiveness and Tariff Relief, Intellectual Property: SBE Council continues to voice support for trade agreements and efforts to improve and simplify exporting for small businesses, and strengthening IP protections. Affordable Health Coverage and ACA Reform: SBE Council continues to support multiple efforts to fully reform the Affordable Care Act and replace with market-based alternatives and solutions that produce competition and lower costs for small businesses. Specific bills include: Halt Tax Increases on the Middle Class and Seniors Act (H.R. 3950): Supported House passage. CO-OP Consumer Protection Act of 2016 (H.R. 954): Supported House passage. Small Business Health Care Relief Act (S. 3060): Continue to push for Senate passage. Privacy and Cybersecurity: Improving Small Business Cybersecurity Act (H.R. 5064): Supported House passage Improving Small Business Cybersecurity Act (S. 3024): Support Senate bill. OTHER: Expressed support for Section 806 in S. 2943, the Senate version of the 2017 NDAA. Debt Management and Fiscal Responsibility Act of 2016 (S.3182): Support. Clyde-Hirsch-Sowers RESPECT Act (H.R. 5523): Supported House Passage.
2016 · third_quarter · Taxation/Internal Revenue Code
S. 3152 & HR 5719 - Empowering Employees through Stock Ownership Act, and Chairman Hatch's "Retirement Enhancement & Savings Act of 2016."
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Taxation/Internal Revenue Code
H.R.5719/S.3152 - Empowering Employees through Stock Ownership Act.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2016 · third_quarter · Taxation/Internal Revenue Code
tax reform related to equity compensation; H.R. 5719, Empowering Employees through Stock Ownership Act; S. 3152, Empowering Employees through Stock Ownership Act
Client expense: $200,000 · Firm income: Not reported
Government targets: Defense, Dept of (DOD), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE
Client expense: $55,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), Federal Communications Commission (FCC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of