Code · BILL · 119th Congress · H.R. 3105 (Introduced in House) — To amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ow... · Sec. 4

Sec. 4. Department of the Treasury Technical Assistance Office

79 words·~1 min read·/bill/119/hr/3105/ih/section-4

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Before the end of the 90-day period beginning on the date of enactment of this Act, the Secretary of the Treasury shall establish the S Corporation Employee Ownership Assistance Office to foster increased employee ownership of S corporations. The S Corporation Employee Ownership Assistance Office shall provide— education and outreach to inform companies and individuals about the possibilities and benefits of employee ownership of S corporations; and technical assistance to assist S corporations in sponsoring employee stock ownership plans.