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House Ways and Means Committee passes retirement bill; includes stock option/ESPP surprise
National Center for Employee Ownership [NCEO]Link to more items from this source
Mar. 15, 2002
In his Employee Ownership Update for March 15, 2002, NCEO executive director Corey Rosen discusses the (post-Enron) retirement reform bill approved by the House Ways and Means Committee. Among other things, it contains a surprise: in response to requests from employer groups, the bill includes a provision that would prohibit the IRS from implementing its planned withholding requirements for ISOs and ESPPs that would become effective in 2003.

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