EMPLOYEE STOCK OWNERSHIP PLANS AND
GENERAL STOCK OWNERSHIP TRUSTS

HEARINGS

BEFORE THE

COMMITTEE ON FINANCE

UNITED STATES SENATE

NINETY-FIFTH CONGRESS

SECOND SESSION

ON

S. 3241

A BILL TO AMEND THE INTERNAL REVENUE CODE OF 1954,
AND THE TAX REDUCTION ACT OF 1975, WITH RESPECT TO
EMPLOYEE STOCK OWNERSHIP PLANS

S. 3223

A BILL TO AMEND THE INTERNAL REVENUE CODE OF 1954,
TO PROVIDE TAX INCENTIVES FOR THE ESTABLISHMENT OF
GENERAL STOCK OWNERSHIP PLANS

H.R. 13882

A BILL TO AMEND THE INTERNAL REVENUE CODE OF 1954,
AND THE TAX REDUCTION ACT OF 1975, WITH RESPECT TO
EMPLOYEE STOCK OWNERSHIP PLANS

JULY 19 AND 20, 1978

Printed for the use of the Committee on Finance

U.S. GOVERNMENT PRINTING OFFICE

33-902 O

WASHINGTON: 1978

For sale by the Superintendent of Documents, U.S. Government Printing Office
Washington, D.C. 20402