Posted: | December 21, 2020 10:33 AM |
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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