HR 5432
107th Congress
House
To amend the Internal Revenue Code of 1986 to require the same holding period for company stock acquired upon exercise of options as is applicable to company stock in its 401(k) plan, to require…
Official title: To amend the Internal Revenue Code of 1986 to require the same holding period for company stock acquired upon exercise of options as is applicable to company s… Show full official titleShow less
Official title: To amend the Internal Revenue Code of 1986 to require the same holding period for company stock acquired upon exercise of options as is applicable to company stock in its 401(k) plan, to require disclosure to shareholders of the amount of corporate perks provided to retired executives, and to provide parity for secured retirement benefits between the rank and file and executives.
Taxation
BankruptcyBusiness income taxCommerceCorporate collapse
More subjectsShow fewer subjects
Corporate governanceCorporation directorsCorporation taxesDebtor and creditorEmployee pensionsEmployee stock optionsExecutive compensationExecutivesFinance and Financial SectorFringe benefitsIncome taxInformation disclosure (Securities law)InterestLabor and EmploymentLabor contractsPension fundsPersonal income taxSecurities regulationStockholdersStockholders' votingTax penaltiesTax-deferred compensation plans
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 24, 2002
Referred to the House Committee on Ways and Means.
Sep 24, 2002
Introduced in House
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Latest action
Referred to the House Committee on Ways and Means.
Plain-English summary
Amends the Internal Revenue Code to: (1) increase, for a corporate insider, the applicable tax by 50 percent of the amount realized by such insider from the disqualified disposition of stock (a sale violating specified restrictions) acquired by such corporate insider upon the exercise of a stock option granted by the corporation; (2) increase, for a publicly traded corporation, the applicable tax by 50 percent of the net cost to the corporation of personal perks provided to a retired executive of the corporation; and (3) include in the gross income of a corporate insider funded deferred compensation.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 5432: To amend the Internal Revenue Code of 1986 to require the same holding period for company stock acquired upon exercise of options as is applicable to company stock in its 401(k) plan, to require disclosure to shareholders of the amount of corporate perks provided to retired executives, and to provide parity for secured retirement benefits between the rank and file and executives.. 107th Congress. Open America. https://openamerica.io/bill/107-HR-5432/
"H.R. 5432: To amend the Internal Revenue Code of 1986 to require the same holding period for company stock acquired upon exercise of options as is applicable to company stock in its 401(k) plan, to require disclosure to shareholders of the amount of corporate perks provided to retired executives, and to provide parity for secured retirement benefits between the rank and file and executives.." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-5432/.
H.R. 5432, 107th Cong. (2026), https://openamerica.io/bill/107-HR-5432/.
[H.R. 5432: To amend the Internal Revenue Code of 1986 to require the same holding period for company stock acquired upon exercise of options as is applicable to company stock in its 401(k) plan, to require disclosure to shareholders of the amount of corporate perks provided to retired executives, and to provide parity for secured retirement benefits between the rank and file and executives.](https://openamerica.io/bill/107-HR-5432/)