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The ESOP Association

ESOP Association Resources

Jan. 28
Pro-ESOP Legislation Passes Pennsylvania House
The Pennsylvania State house has passed HB 285 which would permit the deferral of taxation on a lump-sum distribution from Employee Stock Ownership Plans (ESOP). The legislation, sponsored by Rep. Daryl Metcalfe (R-Butler), puts the state on par with the rest of the nation and allows certain business owners who sell stock to an Employee Stock Ownership Plan (ESOP) to defer capital gains taxes collected at the sale of the business.
Feb. 21
ESOP Association Statement Regarding Employee Ownership in Democratic Debate
Washington, DC, Feb. 20, 2020—The ESOP Association is pleased that employee ownership arose in the Democratic party Presidential debate last night and that multiple candidates were able to vocalize their support. We believe more Americans need to know about and participate in employee ownership—especially ESOPs, which are the largest and most common form of employee ownership—and would encourage greater discussion about this important form of business ownership in America.
Department of Labor, Adequate Consideration
Feb. 12
U.S. House Small Business Committee Holds Hearing on ESOPs
Daniel Goldstein, President and CEO of Folience, testified on behalf of The ESOP Association before the House Committee on Small Business. Feb. 12, 2020.