Welcome to your May Issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
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Inside this issue:
The ESOP Association
ESOP Association Resources
May. 16
Employee Equity Investment Act Would Expand Employee Ownership by Increasing Critical Access to Capital for ESOPs
Washington, D.C. – The ESOP Association today praised the introduction of the bipartisan Employee Equity Investment Act (EEIA) in the House and Senate.
The legislation aims to grow employee ownership in the U.S. by helping to dramatically improve the way new ESOPs are financed by providing much-needed access to capital, which has long been an impediment to new ESOP formation.
Washington, D.C. – The ESOP Association today praised the introduction of the bipartisan Employee Equity Investment Act (EEIA) in the House and Senate.
The legislation aims to grow employee ownership in the U.S. by helping to dramatically improve the way new ESOPs are financed by providing much-needed access to capital, which has long been an impediment to new ESOP formation.
Resource, Press Releases
May. 11
The ESOP Association celebrates a new law that will help businesses better understand and pursue options for becoming employee owned. The law—the Main Street Employee Ownership Act—seeks to make better use of existing programs offered by the Small Business Administration (SBA) to companies considering an employee owned model, such as an Employee Stock Ownership Plan (ESOP).
Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report, President's Page, ESOP Communication Committee, Fitz-Gerald
May. 01
One ESOP bill passes in the House, another is introduced in the Senate.