Summary: H.R.6419 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for H.R.6419. Bill summaries are authored by CRS.

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Introduced in House (06/26/2008)

Amends the Internal Revenue Code to exclude from the gross income of an employee: (1) shares of stock received from an employer in a qualified employee stock distribution not exceeding the lowest number of shares received by any employee in such distribution; and (2) any gain on such stock if held by such employee for not less than 10 years.