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HR 5432 107th Congress House Taxation Bankruptcy Business income tax Commerce Corporate collapse Corporate governance Corporation directors Corporation taxes Debtor and creditor Employee pensions Employee stock options Executive compensation Executives Finance and Financial Sector Fringe benefits Income tax Information disclosure (Securities law) Interest Labor and Employment Labor contracts

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…

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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.

Introduced: September 24, 2002 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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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 Plain-English summary Congressional Research Service
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.
What's happening now September 24, 2002

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Doggett, Lloyd
Texas · Sep 24, 2002
 D
Lofgren, Zoe
California · Sep 24, 2002
 D
Neal, Richard E.
Massachusetts · Sep 24, 2002
Cite this page click to expand
APA
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/
MLA
"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/.
Bluebook (legal)
H.R. 5432, 107th Cong. (2026), https://openamerica.io/bill/107-HR-5432/.
Markdown link
[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/)
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