Promotion and Expansion of Private Employee Ownership Act of 2025
Latest action · Apr 30, 2025 Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 30, 2025
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Cosponsors 69
Members who signed on, in the order they did. Signatures ran from Apr 30, 2025 to Nov 10, 2026; 7 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-UT | Blake D. Moore | Original | Apr 30, 2025 |
| D-IL | Bradley Scott Schneider | Original | Apr 30, 2025 |
| R-WV | Carol D. Miller | Original | Apr 30, 2025 |
| D-IL | Danny K. Davis | Original | Apr 30, 2025 |
| D-CA | Jimmy Panetta | Original | Apr 30, 2025 |
| R-KS | Ron Estes | Original | Apr 30, 2025 |
| D-AL | Terri A. Sewell | Original | Apr 30, 2025 |
| R-NY | Claudia Tenney | May 1, 2025 | |
| D-KS | Sharice Davids | May 7, 2025 | |
| D-HI | Ed Case | May 13, 2025 | |
| R-PA | Brian K. Fitzpatrick | May 19, 2025 | |
| R-CA | Young Kim | Jun 4, 2025 | |
| R-NC | David Rouzer | Jun 5, 2025 | |
| R-PA | Lloyd Smucker | Jun 9, 2025 | |
| R-IA | Zachary Nunn | Jun 24, 2025 | |
| D-MN | Angie Craig | Jul 14, 2025 | |
| R-MT | Troy Downing | Jul 14, 2025 | |
| R-NE | Adrian Smith | Jul 15, 2025 | |
| R-UT | Burgess Owens | Jul 15, 2025 | |
| D-PA | Dwight Evans | Jul 22, 2025 | |
| D-CA | Julia Brownley | Jul 22, 2025 | |
| D-OR | Andrea Salinas | Aug 19, 2025 | |
| R-WA | Michael Baumgartner | Sep 3, 2025 | |
| R-IN | Rudy Yakym III | Sep 8, 2025 | |
| R-PA | Glenn Thompson | Sep 15, 2025 | |
| D-OR | Suzanne Bonamici | Sep 15, 2025 | |
| R-AL | Barry Moore | Sep 17, 2025 | |
| R-FL | Scott Franklin | Oct 3, 2025 | |
| D-NY | Thomas R. Suozzi | Oct 3, 2025 | |
| R-FL | W. Gregory Steube | Oct 3, 2025 | |
| R-WI | Glenn Grothman | Oct 10, 2025 | |
| D-CA | Linda T. Sánchez | Oct 10, 2025 | |
| D-VA | Eugene Simon Vindman | Oct 24, 2025 | |
| R-TX | Nathaniel Moran | Oct 24, 2025 | |
| R-MO | Sam Graves | Nov 10, 2025 | |
| R-NY | Nicholas A. Langworthy | Dec 1, 2025 | |
| R-NE | Don Bacon | Dec 10, 2025 | |
| D-IN | Frank J. Mrvan | Dec 10, 2025 | |
| D-PA | Brendan F. Boyle | Jan 7, 2026 | |
| D-MO | Emanuel Cleaver | Feb 3, 2026 | |
| D-TX | Marc A. Veasey | Feb 3, 2026 | |
| D-IL | Robin L. Kelly | Feb 3, 2026 | |
| R-IN | Jefferson Shreve | Feb 4, 2026 | |
| D-NV | Susie Lee | Feb 11, 2026 | |
| D-OH | Greg Landsman | Feb 20, 2026 | |
| R-AL | Robert B. Aderholt | Feb 20, 2026 | |
| R-IL | Darin LaHood | Mar 16, 2026 | |
| R-SD | Dusty Johnson | Mar 25, 2026 | |
| R-TN | David Kustoff | Apr 15, 2026 | |
| R-AL | Dale W. Strong | May 4, 2026 | |
| D-IL | Janice D. Schakowsky | May 7, 2026 | |
| R-MO | Mark Alford | May 12, 2026 | |
| D-CA | Ro Khanna | May 12, 2026 | |
| R-CA | Kevin Kiley | Jun 24, 2026 | |
| R-WI | Scott Fitzgerald | Jul 9, 2026 | |
| R-MN | Pete Stauber | Jul 23, 2026 | |
| R-NC | Addison P. McDowell | Aug 31, 2026 | |
| R-WI | Derrick Van Orden | Aug 31, 2026 | |
| R-IN | James R. Baird | Aug 31, 2026 | |
| D-ME | Chellie Pingree | Sep 28, 2026 | |
| R-SC | Joe Wilson | Sep 28, 2026 | |
| R-MI | John R. Moolenaar | Sep 28, 2026 | |
| R-ID | Michael K. Simpson | Sep 28, 2026 | |
| R-FL | Mike Haridopolos | Sep 28, 2026 | |
| R-CO | Gabe Evans | Oct 15, 2026 | |
| R-MN | Brad Finstad | Oct 22, 2026 | |
| D-OR | Janelle S. Bynum | Oct 22, 2026 | |
| R-MN | Michelle Fischbach | Oct 26, 2026 | |
| R-ID | Russ Fulcher | Nov 10, 2026 |
Committees 3
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Apr 30, 2025 |
| House | Small Business Committee | Referred Apr 30, 2025 |
| House | Education and Workforce Committee | Referred Apr 30, 2025 |
Actions 2
Everything that happened, newest first.
- Apr 30, 2025Introduced in House
- Apr 30, 2025Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 72, April 30, 2025, page H1776.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2461 | Promotion and Expansion of Private Employee Ownership Act of 2025 | Identical bill | Jul 24, 2025 |
| S 2474 | Advocate for Employee Ownership Act | Related bill | Jul 28, 2025 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- 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.
- Short Title(s) as Introduced
- Promotion and Expansion of Private Employee Ownership Act of 2025
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Apr 30, 2025Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
