Posted: | December 12, 2018 10:26 AM |
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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