Mike Kelly (R-PA)

Promotion and Expansion of Private Employee Ownership Act of 2025

H.R. 3105 · House bill Taxation

A Republican bill with 25 Democratic cosponsors · See all 69 cosponsors

Last activity — 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.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill is called the Promotion and Expansion of Private Employee Ownership Act of 2025. It aims to make it easier for companies to set up employee stock ownership plans, often called ESOPs. The bill creates new offices in the government to help businesses and workers understand employee ownership. It also protects small businesses from losing their special small business status just because an ESOP buys a large part of the company. Additionally, the legislation changes tax rules to encourage the sale of employer stock to these employee plans. Ultimately, the bill seeks to grow employee ownership across the country to help workers build retirement savings.

Yes· 3 of 11

  • Scored +7

    Does this make it easier to run a small business?

    The bill provides technical assistance and ensures ESOP-owned businesses maintain small business status for loans.

  • Scored +6

    Would business owners be better off under this?

    The bill provides exit strategies and tax efficiencies for S corporation owners transitioning to ESOPs.

  • Scored +5

    Does this cut taxes for small businesses?

    The bill accelerates tax deferrals for certain sales of employer stock, benefiting S corporation owners.

The opposite

No question was scored the opposite.