Bill TEXT Points. This Bill has been listed with the following Subjects from Texts:Accounting(ii)Special ruleA security shall be treated as described in clause (i) if the security—(I)is the subject of priced quotations by at least 2 dealers, published and made continuously available on an interdealer quotation system (as such term is used in section 13 of the Securities Exchange Act of 1934) which has made the request described in section 6(j) of such Act to be treated as an alternative trading system,(II)is not a penny stock (as defined by section 3(a)(51) of such Act),(III)is issued bCongressHouse of Representatives House of Representatives
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Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domainPennsylvania Kelly of Pennsylvania) introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to allow certain qualified over-the-counter securities to be treated as readily traded on an established securities market for the purpose of diversification requirements for employee stock ownership plans End Bill TEXT Points.