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The ESOP Association

ESOP Association Resources

Jul. 31
Congress Takes First Formal Steps on FY2024 Spending; Senate Appropriators Specifically Direct Employee Ownership Provisions Mandated by WORK Act
On a very strong 24-2 bipartisan vote, the Senate Appropriations Committee has passed the Labor, Health and Human Services, Education and Related Agencies Appropriations Bill for the 2024 Fiscal Year that begins October 1. As one of 12 annual spending bills Congress must pass before the end of September, this is the initial step in funding the U.S. Department of Labor for the next year.
Jul. 11
The ESOP Association Reacts to U.S. Department of Labor Launch of Employee Ownership Initiative to Promote and Expand Employee-Owned Businesses
Longstanding Priority of The ESOP Association Includes Creation of a New Division at DOL Specifically Tasked With Growing Employee Ownership in America
Jun. 01
Senators Sanders, Cassidy Urge Dept. of Labor to Prioritize WORK Act Implementation
U.S. Senators Bernie Sanders (I-VT) and Bill Cassidy (R-LA), the Chairman and Ranking Member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, have sent a bipartisan letter to Acting Secretary of Labor Julie Su urging the Department of Labor to prioritize the WORK Act in its implementation of SECURE 2.0.
Nov. 18
Washington Alert: 2020 Election Update Biden Cabinet Picks
View this deck for an overview of potential contenders for positions in Biden's cabinet.
Nov. 13
Washington Alert: 2020 Election Update 11.13
The latest election data from The ESOP Association including:

An Elections Dashboard with detailed election breakdown.
A High Level Trends document.

 
Nov. 05
Washington Alert: 2020 Election Update 11.5
As the results of the election continue to unfold, we have gathered information in key areas for our members. See the updated resources in the right hand column of this article for:
Nov. 04
Washington Alert: 2020 Election Update
As the results of the election continue to unfold, we have gathered information in key areas for our members. See the resources in the right hand column of this article for:
Apr. 27
Washington Alert: CARES Act Analysis of How Small Businesses Should Assess “Necessity” in Obtaining (or Considering Whether to Immediately Repay) Paycheck Protection Program Loans
There has been a clear shift in the political environment propelled by public discussions of certain large, public companies obtaining loans under the Paycheck Protection Program (the “PPP”) authorized by the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”), including Shake Shack, Ruth’s Chris and others[1]. During this time, many small businesses have been quoted in the press expressing frustration with their inability to access the PPP program prior to the first round of guarantee authority being exhausted.
 
Apr. 24
Washington Alert: ESOP Association Advocacy Helps Score Major Win for ESOPs
New guidance assures that ESOP companies are eligible for key federal relief under the Paycheck Protection Program.
Apr. 24
Washington Alert: EEOC Guidance Can Help Employers Plan to Return to Work
New guidance and a resource page from the EEOC can help reduce risk as employers make plans to reopen their businesses.