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11/14/2019 03:53 AM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20190&cosponId=26979
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House of Representatives
Session of 2019 - 2020 Regular Session

MEMORANDUM

Posted: December 12, 2018 10:26 AM
From: Representative Daryl D. Metcalfe
To: All House members
Subject: Employee Stock Ownership Plans (ESOPs)
 
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 (former HB 1289).

Please join me in cosponsoring this legislation. If you have any questions please contact Gina Deppen at gdeppen@pahousegop.com or 717-783-1707.

Previous cosponsors: MILLARD, RYAN, GROVE, WHEELAND, MOUL, BENNINGHOFF



Introduced as HB285