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Promotion and Expansion of Private Employee Ownership Act of 2025

8/9/2025, 3:38 AM

Summary of Bill S 2461

This bill, designated as S. 2461 in the 119th Congress, aims to modify the Internal Revenue Code of 1986 and the Small Business Act to enhance the accessibility of employee stock ownership plans within S corporations. Introduced on July 24, 2025, the bill focuses on expanding the availability of such plans and includes provisions that seek to promote employee ownership within small businesses operating as S corporations.

Current Status of Bill S 2461

Bill S 2461 is currently in the status of Bill Introduced since July 24, 2025. Bill S 2461 was introduced during Congress 119 and was introduced to the Senate on July 24, 2025.  Bill S 2461's most recent activity was Read twice and referred to the Committee on Finance. as of July 24, 2025

Bipartisan Support of Bill S 2461

Total Number of Sponsors
5
Democrat Sponsors
0
Republican Sponsors
5
Unaffiliated Sponsors
0
Total Number of Cosponsors
49
Democrat Cosponsors
21
Republican Cosponsors
23
Unaffiliated Cosponsors
5

Policy Area and Potential Impact of Bill S 2461

Primary Policy Focus

Alternate Title(s) of Bill S 2461

A bill to amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes.
A bill to amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes.

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