H.R. 3152 explained · 117th Congress · Not enacted (117th Congress ended)
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.
Introduced: 2021-05-12
Latest action (2021-05-12): Referred to the House Committee on Ways and Means.
What H.R. 3152 does, in plain terms
The Congressional Research Service has not published a summary of H.R. 3152 yet. Its official title: “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.”.
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