ESOP Bulletin
For additional commentary on issues impacting your ESOP, visit The ESOP Association's YouTube Channel.
2013
June 14, 2013 Senator Kelly Ayotte speaking to The ESOP Association's New England Chapter's Super Regional Board of Directors/Trustees Conference
May 31, 2013
Advocacy Update - ESOP Association President, J. Michael Keeling provides members with an update on tax reform
May 24, 2013
Advocacy Update -
Notice of Deadline May 31 for Comments on Proposed Exposure Draft Fair Value Measurement (Topic 820).
Click here for information on the FASB proposed update. May 20, 2013
Advocacy Update - New Pro-ESOP Bill Introduced in the House of Representatives, H.R. 2041.
Click here to read the full update.
Click here for a suggested letter to your member of Congress.
April 22, 2013 Advocacy Update - Senator Sanders Questions Treasury Secretary Regarding ESOP Proposal in the President’s 2014 Budget. Click here to read the full update.
April 15, 2013
Advocacy Update - President’s Budget Says ESOPs Too Risky and Bad for Employees!
The ESOP Association sent this message to members today regarding a provision in the President's Budget that would reverse Executive Branch support for ESOPs.
Click here to read the update.
March 21, 2013
On March 21, 2013, The ESOP Association submitted comments to the House Ways and Means Committee on Tax Reform. To view the Association's comments,
click here.
February 13, 2013
Senator Kelly Ayotte Renews Work to Protect Employee Ownership: Introduces Pro-ESOP Bill, S. 273
2012
April 20, 2012
The ESOP Association Submits Statement to House Ways and Means Committee on Tax Reform and Tax Favored Retirement Accounts
On April 20, 2012 The ESOP Association submitted a statement to the House Ways and Means Committee which held a hearing on Tax Reform and Tax Favored Retirement Accounts. To read the statement submitted by The ESOP Association,
click here.
March 7, 2012
The ESOP Association Submits Comments to House Ways and Means Committee on Tax Reform
Click here to download a copy of The ESOP Association’s submission to the Ways and Means Committee.
February 22, 2012
President Obama’s Corporate Tax Reform Proposal Negative Towards ESOPs, Especially S ESOPs, Reports The ESOP Association
February 14, 2012
ESOP Association Welcomes Clarification of ESOP Tax Provision in President Obama’s FY 2013 Budget
2011
September 19, 2011
ESOP Bulletin --- DOL Backs Off Proposed Fiduciary Regulation; To Issue New Version in Early 2012 BUT Game Not Over! On September 15, 2011 The ESOP Association submitted comments to the Senate Finance Committee on Tax Reform and Retirement Security. To read the statement submitted by The ESOP Association, click here.
July, 2011
ESOP Legislative Bulletin --- Congressional Hearing Confirms DOL Proposal to Make Appraisers of ESOP Stock is Not to Stop “Rogue,” “Fly by Night,” Unqualified Appraisers, but Mainstream ESOP Appraisers, One of Whom Probably Appraises Your ESOP Stock!
On July 26, 2011, The ESOP Association submitted a statement for the record to the House Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions which held a hearing examining the impact of the Department of Labor’s proposed rule on the definition of a fiduciary on the retirement community. To read the Association’s statement for the record, click here.
June, 2011
ESOP Legislative Bulletin – Senator Kelly Ayotte Introduces Pro-ESOP Bill S. 1232 to modify the definition of fiduciary under the Employee Retirement Income Security Act of 1974 to exclude appraisers of employee stock ownership plans
ESOP Legislative Bulletin --- Pending Amendment in Senate to Stop Department of Labor's (DOL) Regulatory Attack on ESOPs
April, 2011
ESOP Legislative Bulletin --- DOL Campaign: Not Winning: ESOP Community Needs to Be Active
March, 2011
ESOP Legislative Bulletin --- Pro-ESOP Bill Introduced in U.S. House of Representatives
Update on DOL Proposed Rule Negative to ESOP Companies
February, 2011
The ESOP Association Submits Comments to the Department of Labor on the Proposed Regulation, “Definition of the Term Fiduciary”
January, 2011
The ESOP Association Submits Comments to House Ways and Means Committee on Tax Reform
2010
December, 2010
DOL to Hold Public Hearing on Proposed Rule Mandating Valuators of Private ESOP Companies be Fiduciaries Why the Department of Labor’s Proposed Regulation Will Harm Private Company ESOP