HR 626
108th Congress
House
Taxation
Accounting
Administrative procedure
Business records
Commerce
Corporation reports
Corporation taxes
Department of the Treasury
Employee stock options
Finance and Financial Sector
Financial statements
Government Operations and Politics
Income tax
Labor and Employment
Law
Research and development tax credit
Science, Technology, Communications
Subsidiary corporations
Tax credits
Tax deductions
Ending the Double Standard for Stock Options Act
Introduced: February 5, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 6, 2003
Sponsor introductory remarks on measure. (CR E141)
Feb 5, 2003
Referred to the House Committee on Ways and Means.
Feb 5, 2003
Introduced in House
Plain-English summary
Ending the Double Standard for Stock Options Act - Amends the Internal Revenue Code to limit the amount of deductions taken for property transferred in connection with a stock option to the amount treated as an expense by taxpayer in ascertaining income, profit, or loss.
Requires Secretary to formulate rules where the stock option is granted by a parent or subsidiary corporation.
Excludes from the definition of "wages," for purposes of the research tax credit, the amount of property transferred in connection with a stock option and required to be included in a report or statement until such amount is so included. Limits the portion of the amount to be treated as wages to no more than the amount of the deduction taken with respect to such amount.
What's happening now
Sponsor introductory remarks on measure. (CR E141)
Committees of jurisdiction
1
Cosponsors
1