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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.

12/16/2023, 6:42 AM

Current Status of Bill HR 6440

Bill HR 6440 is currently in the status of Bill Introduced since November 15, 2023. Bill HR 6440 was introduced during Congress 118 and was introduced to the House on November 15, 2023.  Bill HR 6440's most recent activity was Referred to the House Committee on Ways and Means. as of November 15, 2023

Bipartisan Support of Bill HR 6440

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6440

Primary Policy Focus

Taxation

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