I 118th CONGRESS 1st Session H. R. 6440 IN THE HOUSE OF REPRESENTATIVES November 15, 2023 Mr. Steube 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.