{"database": "openregs", "table": "legislation", "rows": [["111-s-3803", 111, "s", 3803, "S Corporation ESOP Promotion and Expansion Act of 2010", "Taxation", "2010-09-20", "2010-09-20", "Read twice and referred to the Committee on Finance.", "Senate", "Sen. Roberts, Pat [R-KS]", "KS", "R", "R000307", 1, "S Corporation ESOP Promotion and Expansion Act of 2010 - Amends the Internal Revenue Code to: (1) extend to all domestic corporations, including S corporations, provisions allowing deferral of tax on gain from the sale of employer securities to an S corporation-sponsored employer stock ownership plan (ESOP); (2) allow a tax deduction for interest incurred on loans to S corporation-sponsored ESOPs for the purchase of employer securities; and (3) transfer liability for payment of estate tax on transfers of employer securities to an S corporation-sponsored ESOP from the estate executor to the ESOP. Directs the Secretary of the Treasury to establish the S Corporation Employee Ownership Assistance Office to foster increased employee ownership of S corporations.", "2023-01-11T13:21:24Z", "https://www.congress.gov/bill/111th-congress/senate-bill/3803"]], "columns": ["bill_id", "congress", "bill_type", "bill_number", "title", "policy_area", "introduced_date", "latest_action_date", "latest_action_text", "origin_chamber", "sponsor_name", "sponsor_state", "sponsor_party", "sponsor_bioguide_id", "cosponsor_count", "summary_text", "update_date", "url"], "primary_keys": ["bill_id"], "primary_key_values": ["111-s-3803"], "units": {}, "query_ms": 0.25710370391607285, "source": "Federal Register API & Regulations.gov API", "source_url": "https://www.federalregister.gov/developers/api/v1", "license": "Public Domain (U.S. Government data)", "license_url": "https://www.regulations.gov/faq"}