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. 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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Apr. 27
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.
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Apr. 24
New guidance assures that ESOP companies are eligible for key federal relief under the Paycheck Protection Program.
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Apr. 24
New guidance and a resource page from the EEOC can help reduce risk as employers make plans to reopen their businesses.
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Apr. 22
Congress and the Trump Administration have reached a deal on a new round of coronavirus aid entitled the Paycheck Protection Program Increase Act of 2020. The ESOP Association has remained aggressively engaged with key leaders in Congress and the White House to ensure ESOPs and employee owned businesses remain front of mind as legislation is drafted.
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Apr. 08
Washington Alert: Senators Tell SBA That ESOPs Qualify for Relief, Urge Clear Instruction to Lenders
In response to TEA request, two influential Senators take action to clear the way for ESOPs to receive PPP funds.
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The HUB, COVID-19, network, webinar archive
Apr. 08
Come to The HUB, the new online networking platform where ESOP companies and employee owners connect, share resources, and watch TEA recorded webinars. Exclusively for ESOP Association members!
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Apr. 03
April ESOP Report Now Available
The April edition of the ESOP Report is now available online for members of TEA.
This month's edition is special. In our expanded ESOP Report you will find articles about all the new member benefits we are providing to help our members weather the current health and financial crisis. We hope this month's newsletter becomes a valuable resource for your employee owners or, for our professional members, your clients.
The April edition of the ESOP Report is now available online for members of TEA.
This month's edition is special. In our expanded ESOP Report you will find articles about all the new member benefits we are providing to help our members weather the current health and financial crisis. We hope this month's newsletter becomes a valuable resource for your employee owners or, for our professional members, your clients.
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