legislation: 99-hr-3203

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API

This data as json

bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
99-hr-3203 99 hr 3203 Employee Stock Ownership Plan Improvements Act of 1985 Labor and Employment 1985-08-01 1985-09-03 Referred to Subcommittee on Labor-Management Relations. House Rep. Roybal, Edward R. [D-CA-25] CA D R000485 1 Employee Stock Ownership Plan Improvements Act of 1985 - Amends the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code to set requirements relating to the establishment of employee stock ownership plans in cases of corporate consolidation. Disqualifies such plans unless they: (1) do not become effective until approved by the vote of an absolute majority of the employees; (2) provide that all accrued benefits are nonforfeitable; (3) provide that each participant has full voting power of all classes of stock allocated to the participant and that all unallocated stock is voted in the same proportion as the allocated stock is voted; and (4) do not supersede certain defined benefit plans during the period from one year before to one year after the termination of such plans. 2026-03-13T20:55:53Z  

Links from other tables