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.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Senator for Maryland. Democrat.
Last Updated: Apr 16, 2013
Length: 6 pages
113th Congress (2013–2015)
This bill was introduced on April 16, 2013, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
21 Cosponsors (12 Democrats, 8 Republicans, 1 Independent)
What legislators are saying
“Cardin Introduces Bipartisan Bill To Encourage Americans To Save More For Retirement Security”
— Sen. Benjamin Cardin [D-MD] (Sponsor) on Apr 17, 2013
Sep 6, 2011
Earlier Version — Introduced
This activity took place on a related bill, S. 1512 (112th).
Apr 16, 2013
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
May 6, 2015
Reintroduced Bill — Introduced
This activity took place on a related bill, S. 1212 (114th).
Apr 22, 2021
Reintroduced Bill — Introduced
This activity took place on a related bill, S. 1300 (117th).
S. 742 (113th) was a 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.
Bills numbers restart every two years. That means there are other bills with the number S. 742. This is the one from the 113th Congress.
This bill was introduced in the 113th Congress, which met from Jan 3, 2013 to Jan 2, 2015. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2023). S. 742 — 113th Congress: Promotion and Expansion of Private Employee Ownership Act of 2013. Retrieved from https://www.govtrack.us/congress/bills/113/s742
“S. 742 — 113th Congress: Promotion and Expansion of Private Employee Ownership Act of 2013.” www.GovTrack.us. 2013. February 4, 2023 <https://www.govtrack.us/congress/bills/113/s742>
Promotion and Expansion of Private Employee Ownership Act of 2013, S. 742, 113th Cong..
|title=S. 742 (113th)
|accessdate=February 4, 2023
|author=113th Congress (2013)
|date=April 16, 2013
|quote=Promotion and Expansion of Private Employee Ownership Act of 2013
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.