Test Drive Our New Site! We have some improvements in the works that we're excited for you to experience. Click here to try our new, faster, mobile friendly beta site. We will be maintaining our current version of the site thru the end of 2024, so you can switch back as our improvements continue.
Legislation Quick Search
05/21/2024 03:32 AM
Pennsylvania House of Representatives
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=H&SPick=20210&cosponId=33660
Share:
Home / House Co-Sponsorship Memoranda

House Co-Sponsorship Memoranda

Subscribe to PaLegis Notifications
NEW!

Subscribe to receive notifications of new Co-Sponsorship Memos circulated

By Member | By Date | Keyword Search


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