House bill · 118th Congress · Did not become law

Promotion and Expansion of Private Employee Ownership Act of 2023

H.R. 4896Introduced Jul 26, 2023Policy area: Taxation

Where it went

IntroducedJul 26, 2023
Committee action—
Passed House—
Passed Senate—
To the President—
Became law—

Latest action: Jul 26, 2023 — Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, and Education and the 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.

Cost and committee reports

Official records Congress.gov attaches to H.R. 4896.

Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. KELLY of Pennsylvania, as printed in the Congressional Record (Vol. 169, No. 129, July 26, 2023, Page H4031):
Article 1, Section 8, Clause 1 of the U.S. Constitution The single subject of this legislation is: To amend the Internal Revenue Code of 1986 and the Small Business Act to expand the availability of employee stock ownership plans in S corporations, and for other purposes.
Source: Congress.gov, Congressional Record July 26, 2023 ↗
Evidence
Field in the Congress.gov record
constitutionalAuthorityStatementText
Statement length
272 characters
Congress.gov bill record
H.R. 4896, 118th Congress
Congress.gov API record
https://api.congress.gov/v3/bill/118/hr/4896
Record last updated by Congress.gov
December 5, 2025
PORKER copy retrieved
September 14, 2026
Stored copy, SHA-256 of the file
acf34f8ad3c851bbe0e2bcc13788455093a13784d0d3c62e60155fffdcdd8ae3
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.

Congress.gov’s record for this bill does not list a CBO cost estimate or a committee report (as of December 5, 2025). Not every bill gets one.

Sent to: Education and Workforce Committee, Small Business Committee, Ways and Means CommitteeBills with a CBO estimate Bills with a committee report See it in the Data Web

From the Congress.gov bill record for H.R. 4896, last updated December 5, 2025. PORKER’s copy was retrieved September 14, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.

Vote results

No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).

Cosponsors

62 cosponsors — 30 Republicans, 32 Democrats

32 of 62 cosponsors (52%) are from the other party.

Robert Aderholt (R-AL), Mark Alford (R-MO), Don Bacon (R-NE), Earl Blumenauer (D-OR), Suzanne Bonamici (D-OR), Brendan Boyle (D-PA), Julia Brownley (D-CA), Larry Bucshon (R-IN), Yadira Caraveo (D-CO), Mike Carey (R-OH), Jerry Carl (R-AL), Ed Case (D-HI), Emanuel Cleaver (D-MO), Angie Craig (D-MN), Jasmine Crockett (D-TX), John Curtis (R-UT), Sharice Davids (D-KS), Danny Davis (D-IL), Mark DeSaulnier (D-CA), Ron Estes (R-KS), Dwight Evans (D-PA), Scott Fitzgerald (R-WI), Brian Fitzpatrick (R-PA), Mike Flood (R-NE), Sam Graves (R-MO), Glenn Grothman (R-WI), Dusty Johnson (R-SD), Robin Kelly (D-IL), Ro Khanna (D-CA), Daniel Kildee (D-MI) and 32 more.

More from the sponsor

Other 118th Congress bills sponsored by Rep. Mike Kelly.

Sponsor’s state and district

Pennsylvania in Congress · PA-16 district

Open in Bill Explorer →

Data as of Sep 15, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.