Promotes employee ownership in S corporations through expanded use of employee stock ownership plans.

The Promotion and Expansion of Private Employee Ownership Act of 2025 seeks to expand the availability of employee stock ownership plans in S corporations. It amends the Internal Revenue Code to allow full deferral of tax for certain sales of employer stock to an employee stock ownership plan sponsored by an S corporation. The bill also establishes an Advocate for Employee Ownership within the Department of Labor to promote employee ownership. This Advocate will provide education, outreach, and technical assistance to companies and individuals interested in employee ownership.

Promotes employee ownership in S corporations through expanded use of employee stock ownership plans.

The Promotion and Expansion of Private Employee Ownership Act of 2025 seeks to expand the availability of employee stock ownership plans in S corporations. It amends the Internal Revenue Code to allow full deferral of tax for certain sales of employer stock to an employee stock ownership plan sponsored by an S corporation. The bill also establishes an Advocate for Employee Ownership within the Department of Labor to promote employee ownership. This Advocate will provide education, outreach, and technical assistance to companies and individuals interested in employee ownership.