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Latest Update: Thursday, August, 21st 2008

To amend the Internal Revenue Code of 1986 to exclude from gross income compensation received by employees consisting of qualified distributions of employer stock.

6/26/2008--Introduced.

Amends the Internal Revenue Code to exclude from the gross income of an employee: (1) stock received from an employer as compensation for services; and (2) gain on such stock if the employee holds such stock for not less than 10 years.

Latest Actions
  • 06/26/2008 - Referred to the House Committee on Ways and Means.
Bill Text
File name Last Updated
H.R.6419 Introduced in House07/02/2008