The ESOP Association

ESOP Association Resources

May. 25
Welcome to the May Issue of the ESOP Report, with a special feature on our 2022 TEA National Conference. 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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May. 09
The ESOP Association has presented its inaugural Torchlight Award to Colorado Governor Jared Polis for his leadership in advancing employee ownership and employee stock ownership plans (ESOPs) in Colorado.
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May. 06
FOR IMMEDIATE RELEASE

May 6, 2022

 

Cedar Rapids-Based, Folience, Named 2022 ESOP Company of the Year

 
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May. 06
FOR IMMEDIATE RELEASE

May 6, 2022

 

ESOP Association Announces 2022 Employee Owner of the Year

Sarah Limoges of Admix Inc. Earns Highest Individual Honor for Employee Owners

 
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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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Jul. 16
By surviving tough times and retaining employees, ESOPs benefit the nation as a whole.
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