A bill to amend the Internal Revenue Code of 1986 to allow certain qualified over-the-counter securities to be treated as readily traded on an established securities market for the purpose of diversification requirements for employee stock ownership plans.
About This Bill
Committee
Latest Action · February 11, 2020
Read twice and referred to the Committee on Finance.
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).
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