H.R. 2759 (103rd): Equity Expansion Act of 1993

Jul 27, 1993 (103rd Congress, 1993–1994)
Died (Referred to Committee) in a previous session of Congress

This bill was introduced on July 27, 1993, in a previous session of Congress, but was not enacted.

Jul 27, 1993
Lewis Payne Jr.
Representative for Virginia's 5th congressional district
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Last Updated
Jul 27, 1993
17 pages
Full Title

To amend the Internal Revenue Code of 1986 to allow corporations to issue performance stock options to employees, and for other purposes.


No summaries available.

42 cosponsors (25R, 17D) (show)

House Energy and Commerce

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Primary Source

THOMAS.gov (The Library of Congress)

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H.R. stands for House of Representatives bill.

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The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

Equity Expansion Act of 1993 - Amends the Internal Revenue Code to allow corporations to issue performance stock options to employees.
Requires employees to hold such stock for at least one year.
Provides an exclusion from gross income of 50 percent of the gain from such stock if it is held for at least two years.
Excludes gain from the exercise of such stock options from wage withholding and employment taxes.
Amends the Securities Exchange Act of 1934 to prohibit the charge against earnings on the exercise of certain performance stock options.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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