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The ESOP Association

ESOP Association Resources

Aug. 12
The ESOP Association Statement on Final Passage of Inflation Reduction Act
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.
 
Aug. 08
The ESOP Association Hails Senate Passage of Critical Provisions in Reconciliation Bill
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.  
 
Mar. 22
Marty Walsh Confirmed By Senate
Marty Walsh, the two-term mayor of Boston, was confirmed as the Labor secretary by the Senate in a 68-29 vote on Monday, March 22, 2021.
Please see the ESOP Association's Official Statement for more on this news.
 
Mar. 22
ESOP Association Looks Forward to Working with Labor Secretary Walsh
Secretary Provides Responses to ESOP Questions During Confirmation Process
Mar. 09
Washington Alert: Biden’s Pick for Deputy Labor Secretary to Get Hearing March 16
Julie Su, current head of California’s Labor and Workforce Development Agency has been tapped by the Biden administration to be Deputy Labor Secretary under Labor Secretary Nominee Marty Walsh.
Mar. 09
Washington Alert: President Biden Signs COVID Relief Bill
$1.9 trillion relief bill includes $1,400 checks, billions for vaccines, and money to reopen schools. Restaurant, airplane manufacturing, concert venue industries set to benefit most.