Promotes employee ownership in S corporations through expanded use of Employee Stock Ownership Plans (ESOPs).

The Promotion and Expansion of Private Employee Ownership Act of 2025 seeks to expand the availability of employee stock ownership plans (ESOPs) in S corporations. It amends the Internal Revenue Code to accelerate the deferral of tax for certain sales of employer stock to ESOPs and repeals a limitation on ESOPs. The bill also establishes an Advocate for Employee Ownership within the Department of Labor to promote employee ownership.

Promotes employee ownership in S corporations through expanded use of Employee Stock Ownership Plans (ESOPs).

The Promotion and Expansion of Private Employee Ownership Act of 2025 seeks to expand the availability of employee stock ownership plans (ESOPs) in S corporations. It amends the Internal Revenue Code to accelerate the deferral of tax for certain sales of employer stock to ESOPs and repeals a limitation on ESOPs. The bill also establishes an Advocate for Employee Ownership within the Department of Labor to promote employee ownership.