S. 2461 · Where this bill is now
In committee
Introduced in the Senate, Jul 24, 2025
119th Congress
1st SessionS. 2461
1st SessionS. 2461
A BILL
Promotion and Expansion of Private Employee Ownership Act of 2025
In the SenateNo vote yet
Sponsor: Sen. Steve Daines (R-MT) · Introduced Jul 24, 2025 · Taxation · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Jul 24, 2025: “Read twice and referred to the Committee on Finance.”
Sections
Sections · 6
- Sec. 1Short titleNo change
- Sec. 2FindingsNo change
- Sec. 3Full deferral of tax for certain sales of employer stock to employee stock ownership plan sponsored by S corporationNo change
- Sec. 4Department of the Treasury Technical Assistance OfficeNo change
- Sec. 5Small business and employee stock ownershipNo change
- Sec. 6Establishment of the advocate for employee ownershipNo change