Govwatch

Introduced

In Committee

3

Passed One Chamber

4

Passed Both

5

Signed into Law

Sponsor

Mike Kelly

Republican · PA · Representative

Votes with party: 98.5% (548 recorded votes)

Full profile: /officials/K000376

Source: Congress.gov · FEC

Cosponsors (53)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

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.

2025-04-30

Source: Congress.gov

Committee Activity

Currently in

House Committee on Education and WorkforceReferred To · 2025-04-30
House Committee on Ways and MeansReferred To · 2025-04-30
House Committee on Small BusinessReferred To · 2025-04-30

Previously

Education and Workforce CommitteeReferred To · 2025-04-30
Small Business CommitteeReferred To · 2025-04-30
Ways and Means CommitteeReferred To · 2025-04-30

Plain-English Summary

This bill would likely create tax incentives and other financial benefits to encourage workers to buy ownership stakes in the companies where they work, making employee ownership more affordable and attractive. The changes would affect small businesses, workers considering ownership opportunities, and potentially large companies setting up employee ownership programs. By expanding private employee ownership, the bill aims to give workers a direct financial stake in their company's success.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Taxation

Full bill text is not yet cached locally.

Open text view Read on Congress.gov

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Promotion and Expansion of Private Employee Ownership Act of 2025