FOR IMMEDIATE RELEASE
August 8, 2022
The ESOP Association Hails Senate Passage of Critical Provisions in Reconciliation Bill
The Senate-passed reconciliation bill in Congress, titled the Inflation Reduction Act (H.R. 5376), includes language promoted by The ESOP Association to protect employee stock ownership plans from new excise taxes on stock repurchases. This provision potentially paves the way for a tremendous financial incentive to form employee stock ownership plans.
The ESOP Association
ESOP Association Resources
Chapter News, Resource
Jul. 30
Recap of the Summer Roundtable Meeting; welcome to our newest members; this month’s featured member; Employee Ownership Month activities; summary of Congressional visits; Wellman wins Membership Recruitment award; Wisconsin chapter wins Membership Development Award; list of upcoming events.
ESOP Report, Legal Update, Ownership Advantage, President's Corner, Kristie Marks, Washington Report, Employee Owned, Resource
Jul. 01
News about Employee Owned 2019, the Conference and Trade Show for ESOPs.
Dec. 19
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.