S 1175
103th Congress
Senate
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: June 29, 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
Nov 17, 1993
Sponsor introductory remarks on measure. (CR S15950-15952)
Jun 29, 1993
Read twice and referred to the Committee on Finance.
Jun 29, 1993
Sponsor introductory remarks on measure. (CR S8247-8250)
Jun 29, 1993
Introduced in Senate
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
Sponsor introductory remarks on measure. (CR S15950-15952)
Committees of jurisdiction
1
Cosponsors
1