Employee Stock Ownership Improvements Act of 1980 - Amends the Internal Revenue Code to revise the existing tax treatment of employee stock ownership plans with respect to: (1) stock bonus plans which provide a cash distribution option to participants; (2) the limitation on annual additions to participant accounts under employee stock ownership plans; (3) valuation of employer securities in stock ownership plans; (4) participation of second tier subsidiary corporations in employee stock ownership plans; (5) rollover treatment for distributions from money purchase pension plans; (6) voting rights pass-through requirements for defined contribution plans; and (7) the application of cash or deferred arrangement rules to cafeteria plans.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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