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.
To require the Administrator of the Federal Aviation Administration to conduct a study to compare the effects of allowing certain aircraft certified under part 23 of title 14, Code of Federal Regulations, to operate under part 121 of such title, and for other purposes.