HR 2759
103th Congress
House
Taxation
Capital gains tax
Employee stock options
Financial statements
Income tax
Information disclosure (Securities law)
Securities regulation
Social security taxes
Stocks
Tax exclusion
Unemployment insurance
Withholding tax
Equity Expansion Act of 1993
Introduced: July 27, 1993
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 13, 1993
Referred to the Subcommittee on Telecommunications and Finance.
Jul 27, 1993
Referred to the House Committee on Ways and Means.
Jul 27, 1993
Referred to the House Committee on Energy and Commerce.
Jul 27, 1993
Introduced in House
Plain-English summary
Equity Expansion Act of 1993 - Amends the Internal Revenue Code to allow corporations to issue performance stock options to employees. Requires employees to hold such stock for at least one year. Provides an exclusion from gross income of 50 percent of the gain from such stock if it is held for at least two years.
Excludes gain from the exercise of such stock options from wage withholding and employment taxes.
Amends the Securities Exchange Act of 1934 to prohibit the charge against earnings on the exercise of certain performance stock options.
What's happening now
Referred to the Subcommittee on Telecommunications and Finance.
Committees of jurisdiction
3