I 115th CONGRESS 1st Session H. R. 2293 IN THE HOUSE OF REPRESENTATIVES May 2, 2017 Mr. Holding (for himself and Mr. Levin ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 for purposes of the tax on private foundation excess business holdings to treat as outstanding any employee-owned stock purchased by a business enterprise pursuant to certain employee stock ownership retirement plans.