Introduced
S. 2461
Introduced in Senate · August 8, 2025July 24, 2025
Mr. Daines (for himself, Ms. Hassan, Mrs. Blackburn, Ms. Smith, Mr. Grassley, Mr. Van Hollen, Mr. Tillis, Mr. Sanders, Mr. Young, Mr. Welch, Mr. Risch, Ms. Hirono, Ms. Cantwell, and Mr. Husted) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Promotion and Expansion of Private Employee Ownership Act of 2025”.