The ESOP Association

ESOP Association Resources

Dec. 22
Check out all the great information in the December issue of the ESOP Report, available exclusively to members of The ESOP Association!
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Dec. 01
Written in partnership with the Colorado Office of Economic Development & International Trade. Originally published in the September 2021 ESOP Report. 

Colorado’s economic development organizations and government are coming together to further employee ownership across the state through new legislation.
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Dec. 01
The ESOP Association and Employee Ownership Foundation have launched a new video series aimed at shedding light on why companies decide to become employee owned, how they initiate their search for information, and the impacts employee ownership has on a business. 
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Jul. 28
After several days of debate, Senate Republicans have offered their version of the “Phase Four” economic stimulus and COVID recovery bill. Of particular note to those in the ESOP community, this package of bills does not yet include S. 4236—the bill introduced by Sen. Ron Johnson (R-WI) that would offer grants to companies that create or expand an ESOP.

The package is a first draft and will likely change significantly as both parties work to hammer out an agreement. As currently written, this group of bills would offer the following items.
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Jul. 27
S. 4236

Economic Recovery and Investment Through Employee Ownership Program

 

On July 21, 2020, Senator Ron Johnson (R-WI) introduced S. 4236, a bill to establish a federal grant program to encourage economic recovery through business investment and the creation and expansion of employee stock ownership plans (ESOPs).  The bi-partisan bill has been co-sponsored by Senator Tammy Baldwin (D-WI) and was referred to the Senate Committee on Finance. 
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Jul. 22
TEA Endorses Temporary Federal ESOP Grant Program Act

Thanks Sen. Johnson For Leadership; Encourages inclusion in COVID “Phase 4”

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Jul. 21
Tuesday, U.S. Sen. Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, introduced the Temporary Federal ESOP Grant Program Act, legislation to recapitalize businesses as they resume operations by helping them to create or expand an employee stock ownership plan (ESOP).

This is an incredible milestone for the ESOP community. Thank Senator Johnson by clicking this link: https://ctt.ac/0jS3b 

Read the full release from Senator Johnson's office below:

 
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Jul. 17
Virginia sets rules that employers must follow or face penalties; other states could use Virginia's rules as a model.
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