H.R. 5432 (107th): To amend the Internal Revenue Code of 1986 to require the same holding period for company stock acquired upon exercise of options as is applicable to company stock in its 401(k) plan, to require disclosure to shareholders of the amount of corporate perks provided to retired executives, and to provide parity for secured retirement benefits between the rank and file and executives.

Introduced:

Sep 24, 2002
107th Congress, 2001–2002

Status:
Died in a previous Congress

This bill was introduced on September 24, 2002, in a previous session of Congress, but was not enacted.

Sponsor:

Robert Matsui

Representative for California's 5th congressional district

Democrat

Text:

Read Text »
Last Updated: Sep 24, 2002
Length: 13 pages

About the bill

Summary (CRS)
9/24/2002--Introduced.Amends the Internal Revenue Code to:(1) increase, for a corporate insider, the applicable tax by 50 percent of the amount realized by such insider from the disqualified disposition of stock ... Read more >
What is a bill?

The “H.R.” in “H.R. 5432” means this is a House of Representatives bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

The bill’s title was written by its sponsor.

History

Introduced
Sep 24, 2002

Details

Cosponsors
13 cosponsors (13D) (show)
Committee Assignments

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

Votes

There have been no votes related to this bill.

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

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