S. 2461
119th Congress
Senate
Promotion and Expansion of Private Employee Ownership Act of 2025
Official title: A bill to amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 24, 2025
Read twice and referred to the Committee on Finance.
Jul 24, 2025
Introduced in Senate
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What's happening now
Read twice and referred to the Committee on Finance.
Related & companion bills
2
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
12
- INSURED RETIREMENT INSTITUTE
- SCHWEITZER ENGINEERING LABORATORIES, INC.
- HDR, INC
- INSURED RETIREMENT INSTITUTE
- SCHWEITZER ENGINEERING LABORATORIES, INC.
- HDR, INC
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Internal Revenue Service (IRS)
- Labor, Dept of (DOL)
- Securities & Exchange Commission (SEC)
- Treasury, Dept of
Cosponsors
32
R
McCormick, David
D
Baldwin, Tammy
D
Blunt Rochester, Lisa
R
Boozman, John
R
Marshall, Roger
R
Barrasso, John
D
Booker, Cory A.
R
Fischer, Deb
D
Reed, Jack
R
Kennedy, John
D
Klobuchar, Amy
D
Coons, Christopher A.
R
Sheehy, Tim
D
Cortez Masto, Catherine
R
Schmitt, Eric
R
Crapo, Mike
D
Fetterman, John
I
King, Angus S., Jr.
R
Ricketts, Pete
R
Blackburn, Marsha
D
Cantwell, Maria
R
Grassley, Chuck
D
Hassan, Margaret Wood
D
Hirono, Mazie K.
R
Husted, Jon
R
Risch, James E.
I
Sanders, Bernard
D
Smith, Tina
R
Tillis, Thomas
D
Van Hollen, Chris
D
Welch, Peter
R
Young, Todd
Cite this page
U.S. Congress. (2026). S. 2461: Promotion and Expansion of Private Employee Ownership Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-S-2461/
"S. 2461: Promotion and Expansion of Private Employee Ownership Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-2461/.
S. 2461, 119th Cong. (2026), https://openamerica.io/bill/119-S-2461/.
[S. 2461: Promotion and Expansion of Private Employee Ownership Act of 2025](https://openamerica.io/bill/119-S-2461/)