Advocate

Pro-ESOP Bill Introduced in U.S. House of Representatives

by The ESOP Association | Mar 01, 2011

On March 29, 2011, six members of the House Ways and Means Committee introduced pro-ESOP legislation --- H.R. 1244, the “Promotion and Expansion of Private Employee Ownership Act of 2011.”

The ESOP Association endorses this proposal, and expresses appreciation to Congressmen David G. Reichert (R-WA), Ron Kind (D-WI), Charles W. Boustany, Jr. (R-LA), Earl Blumenauer (D-OR), Erik Paulsen (R-MN), and Bill Pascrell (D-NJ) for standing up of ESOPs.

We are updating our website’s Advocacy Kit, Spring Edition 2011, to provide suggestions for ESOP advocates in asking their elected Federal members of the House of Representatives to join these six members in expressing support for ESOPs.

To read the press release sent out by The ESOP Association, CLICK HERE.

To read H.R. 1244, CLICK HERE.