Summary: H.R.5060 — 96th Congress (1979-1980)All Information (Except Text)

There is one summary for H.R.5060. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (08/01/1979)

Employees Incentive Ownership Act of 1979 - Amends the Internal Revenue Code to remove restrictions on the use of restricted stock options and to eliminate the exercise of such stock options as an item of tax preference for purposes of the minimum tax.