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House Co-Sponsorship Memoranda

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House of Representatives
Session of 2017 - 2018 Regular Session


Posted: March 24, 2017 02:48 PM
From: Representative Daryl D. Metcalfe
To: All House members
Subject: Employee Stock Ownership Plans
In the near future I will be introducing legislation that would amend the Tax Reform Code of 1971 to apply certain provisions of the Internal Revenue Code permitting the deferral of taxation on a lump sum distribution from the Employee Stock Ownership Plan (ESOP) of a company.

If you have any questions please contact Gina Deppen at gdeppen@pahousegop.com or 717-783-1707.

Introduced as HB1289