The ESOP Association
ESOP Association Resources
Aug. 31
In this month's issue: TEA Launches legal challenges in defense of ESOPs, commentary on regulatory overreach by TEA President & CEO Jim Bonham, new advocacy resources to help you engage this Employee Ownership Month, and much more.
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Aug. 16
As part of President Biden’s legislative agenda, the Inflation Reduction Act of 2022 becomes law. Among the policies enacted, a new excise tax is imposed on stock repurchases – with bipartisan support, ESOPs were specifically excluded from this tax, protecting the ESOP structure that relies on stock repurchases and creating a new incentive to form ESOPs. ESOPs become eligible transactions under the State Small Business Credit Initiative (SSBCI) loan program.
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Aug. 12
FOR IMMEDIATE RELEASE
August 12, 2022
The ESOP Association Statement on Final Passage of Inflation Reduction Act
Today, the U.S. House of Representatives passed the Inflation Reduction Act (HR 5376). It will now advance to President Biden and is expected to be signed into law in the next ten days.
August 12, 2022
The ESOP Association Statement on Final Passage of Inflation Reduction Act
Today, the U.S. House of Representatives passed the Inflation Reduction Act (HR 5376). It will now advance to President Biden and is expected to be signed into law in the next ten days.
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Aug. 08
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.
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.
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ESOP Blog, Resource
Apr. 24
At Entertainment Partners, with our 1,100 employee owners spread out across more than 10 locations nationwide, we rely heavily on technology to help us communicate and connect with each other. To us, “social media” encompasses any technology that enables us to create and share content and make those connections. It could be software specifically geared toward fostering collaboration in the workplace or it could be the same website you use to share hilarious cat videos or that perfectly angled selfie.
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Resource, Press Releases
Apr. 15
Gardener’s Supply Company of Burlington, VT, has been named the 2018 ESOP Company of the Year by The ESOP Association. The announcement was made at The Association’s Annual Conference.
“Gardener’s Supply is a prime example of an ESOP company that actively engages its employee owners, the employee ownership community, and elected officials at the state and federal levels,” said ESOP Association President J. Michael Keeling. “Its commitment to sharing with others the power of ESOPs is an example all ESOP companies can proudly seek to replicate.”
“Gardener’s Supply is a prime example of an ESOP company that actively engages its employee owners, the employee ownership community, and elected officials at the state and federal levels,” said ESOP Association President J. Michael Keeling. “Its commitment to sharing with others the power of ESOPs is an example all ESOP companies can proudly seek to replicate.”
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ESOP Blog, Resource
Apr. 02
Most businesses wrestle with their health care costs. Being an ESOP does not make us immune to this challenge.
Travel and Transport is a 1,400-person company with offices from Boston to Seattle. We have a self-insured health plan in which approximately two thirds of our employee owners participate. Our plan has run large deficits the past several years and, as a result, we are in the midst of making some major changes.
Travel and Transport is a 1,400-person company with offices from Boston to Seattle. We have a self-insured health plan in which approximately two thirds of our employee owners participate. Our plan has run large deficits the past several years and, as a result, we are in the midst of making some major changes.
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Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report, President's Page, ESOP PAC, Distribution, SBA, Foundation, Stock Sale, Asset Sale, Voluntary Correction Program
Apr. 01
Congress takes two actions in support of ESOPs.
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