Congress: 101th

Sponsor: Representative Ballenger, Cass (09/28/1989)

Committees: House - Ways and Means

Description: To amend the Internal Revenue Code of 1986 to restrict the partial exclusion from income of interest on loans used to acquire employer securities to cases where employees receive a significant ownership interest in a corporation, and for other purposes.

Lastest Action: 09/28/1989 Referred to the House Committee on Ways and Means.  (All Actions)

Official: H.R.3364 -- 101th Congress