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The ESOP Association

ESOP Association Resources

Mar. 07
New England Newsletter: The Beacon, March 2022
Mar. 01
Legislation Eliminating Iowa Retirement Income Tax, Including ESOPs, Signed Into Law
Des Moines Iowa, March 1, 2022 –Today Iowa Governor Kim Reynolds returned to Library Binding Services (LBS Inc.), a 100% employee-owned business, to sign into law legislation to eliminate state taxes on retirement income, including taxes on Employee Stock Ownership Plans (ESOP) distributions.  This important change has the power to motivate more Iowa business owners to sell their businesses to their employees as a business succession plan. 
Chapter News, Resource
Jul. 31
Minnesota/Dakotas Chapter Newsletter: July 2017
Recap of chapter activities at Annual Conference; new Congress and new ESOP bill.
Dec. 19
1989 - The Deficit Reduction Bill
When early drafts of the 1989 deficit reduction bill included eliminating the deduction of dividends paid on ESOP stock, The ESOP Association successfully fights to preserve the deductibility of dividends.