119th Congress
S. 2461
Promotion and Expansion of Private Employee Ownership Act of 2025
- Introduced
- In committee
- Passed Senate
- Passed House
- To President
- Became law
- Sponsor
- Steve Daines(R-MT)
- Introduced
- Jul 24, 2025
- Policy area
- Taxation
- Committees
- Senate Committee on Finance
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (33)
Original cosponsors (13)
- Bernard Sanders (I-VT)
- Chris Van Hollen (D-MD)
- Chuck Grassley (R-IA)
- James E. Risch (R-ID)
- Jon Husted (R-OH)
- Margaret Wood Hassan (D-NH)
- Maria Cantwell (D-WA)
- Marsha Blackburn (R-TN)
- Mazie K. Hirono (D-HI)
- Peter Welch (D-VT)
- Thom Tillis (R-NC)
- Tina Smith (D-MN)
- Todd Young (R-IN)
Added later (20)
- Angus S. King, Jr. (I-ME) · Jul 28, 2025
- John Fetterman (D-PA) · Jul 28, 2025
- Mike Crapo (R-ID) · Jul 28, 2025
- Pete Ricketts (R-NE) · Jul 28, 2025
- Catherine Cortez Masto (D-NV) · Jul 30, 2025
- Eric Schmitt (R-MO) · Jul 30, 2025
- Christopher A. Coons (D-DE) · Sep 9, 2025
- Tim Sheehy (R-MT) · Sep 9, 2025
- Amy Klobuchar (D-MN) · Sep 30, 2025
- John Kennedy (R-LA) · Sep 30, 2025
- Deb Fischer (R-NE) · Jan 15, 2026
- Jack Reed (D-RI) · Jan 15, 2026
- Cory A. Booker (D-NJ) · Feb 9, 2026
- John Barrasso (R-WY) · Feb 9, 2026
- John Boozman (R-AR) · Jul 14, 2026
- Lisa Blunt Rochester (D-DE) · Jul 14, 2026
- Roger Marshall (R-KS) · Jul 14, 2026
- Tammy Baldwin (D-WI) · Jul 14, 2026
- David McCormick (R-PA) · Aug 4, 2026
- Sheldon Whitehouse (D-RI) · Sep 29, 2026
Summary
No Congressional Research Service summary yet. CRS usually publishes one a few weeks after a bill is introduced.
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.
Latest action(Jul 24, 2025): Read twice and referred to the Committee on Finance.
Roll-call votes
No recorded votes on this bill.
Actions
- Jul 24, 2025 · Senate
Read twice and referred to the Committee on Finance. - Jul 24, 2025
Introduced in Senate