The ESOP Association wants to hear from you: Would you mind taking a few minutes to tell us about your website experience today? Your feedback is confidential, and will take less than 5 minutes to complete.

Take the Survey

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. 27
Federal Appeals Court Affirms Unenforceability of Arbitration Provision
Tenth Circuit Addresses Validity of Individual Arbitration Provision Barring Plan-wide Relief in ESOP Transaction Case
Jul. 25
Chapter "Summer Education" at TEA
Summer may be here, but there’s no vacation for TEA’s Chapter teams! We’re continuing to be all about education, as hundreds of TEA members participated in 18 Chapter events held throughout the nation in the month of June. And it’s going to be a busy summer, with ten more TEA Chapter events being offered in July and August. We’ve got Roundtables, ESOPortunity events, multi-track meetings, and golf outings planned, so please be sure to check the latest calendar and join an event near you!
Jul. 20
Invite Your Member of Congress to Visit Your ESOP in August: It’s Easier Than You Think!
One of the best ways to build a relationship with and help educate your Member of Congress on ESOP issues is to invite them to visit your company. And as nearly all Members are working from their home districts throughout the month of August, now is the time to schedule those visits.
Jul. 18
Top Culture and Communications Programs Get Started Early
Mid-summer brings with it a regular cadence for most businesses and employees.  For families, school is out, summer programs have begun, and vacations are on the calendar. For many businesses, summertime brings seasonal accelerations as well.  Construction of all types is well under way to hit deadlines while the sun is shining. Hospitality and entertainment are in full swing, as more Americans are out and about in the nice weather.
Jul. 12
Summer Virtual Miniseries – Employee Ownership Month and Advocacy Webinars Coming Soon!
NEW Advocacy and Employee Ownership Month (EOM) Resources Exclusively for TEA Members
Join us this summer for two exciting webinar series to help educate our members and promote employee ownership!
Advocacy Webinar Series
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
Jul. 05
Calling All ESOP CEOs
Join Your Fellow ESOP Leaders August 20-22 in Sonoma for TEA’s CEO Summit
If you’re an ESOP CEO or President, you will not want to miss TEA’s second annual CEO Summit! 
The only event of its kind, the CEO Summit brings together the most senior executives of ESOP companies to help you build a network of your peers and address the most timely and big picture topics facing businesses today. 
Here’s how last year’s attendees described the CEO Summit:
Jul. 28
Washington Alert: Insights on Senate Republican Stimulus Bills
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.
Jul. 27
Washington Alert: Frequently Asked Questions about S. 4236
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.