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07/23/2021 03:37 PM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20210&cosponId=33660
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House Co-Sponsorship Memoranda

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House of Representatives
Session of 2021 - 2022 Regular Session

MEMORANDUM

Posted: December 21, 2020 10:33 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 285).

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

Previous Cosponsors:
METCALFE, STAATS, RYAN, GREINER, HENNESSEY, BERNSTINE, HILL-EVANS, BARRAR, ROTHMAN, FARRY, FRITZ, COOK, MILLARD, JONES, TOBASH, MOUL, GROVE, F. KELLER, GAYDOS, INNAMORATO and M. K. KELLER



Introduced as HB285