2025-2026 Regular Session • US Congress Legislature
SB2461: Promotion and Expansion of Private Employee Ownership Act of 2025
Legislative Summary
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.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
7/24/2025
Read twice and referred to the Committee on Finance.
Senate
Status Information
Current Status
Introduced(7/24/2025)
Chamber
Senate
Committee
Finance(Senate)
Sponsors
Republican: 11
Democrat: 9
Independent: 2
Primary Sponsor
Steve Daines
Republican
Co-Sponsors (21)
Margaret Hassan
Democrat
Marsha Blackburn
Republican
Tina Smith
Democrat
Chuck Grassley
Republican
Chris Van Hollen
Democrat
Thom Tillis
Republican
Bernard Sanders
Independent
Todd Young
Republican
Peter Welch
Democrat
James Risch
Republican
Mazie Hirono
Democrat
Maria Cantwell
Democrat
Jon Husted
Republican
Mike Crapo
Republican
Angus King
Independent
Pete Ricketts
Republican
John Fetterman
Democrat
Eric Schmitt
Republican
Catherine Cortez Masto
Democrat
Tim Sheehy
Republican
Christopher Coons
Democrat