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The ESOP Association

ESOP Association Resources

Mar. 14
Amicus Brief Filed In Support of ESOP Plans
Washington, DC, March 14, 2022 - The ESOP Association and American Benefits Council jointly filed an amicus brief in the U.S. Court of Appeals for the Second Circuit in support of the belief that ESOP plans need, and have, the ability to require individual arbitration to resolve individual participant disputes.  A previous District Court ruling has the potential to eliminate individual arbitration, which would dramatically increase the litigation costs for companies with employee defined-contribution retirement plans, such as ESOPs and 401(k)s. 
Mar. 01
Legislation Eliminating Iowa Retirement Income Tax, Including ESOPs, Signed Into Law
Des Moines Iowa, March 1, 2022 –Today Iowa Governor Kim Reynolds returned to Library Binding Services (LBS Inc.), a 100% employee-owned business, to sign into law legislation to eliminate state taxes on retirement income, including taxes on Employee Stock Ownership Plans (ESOP) distributions.  This important change has the power to motivate more Iowa business owners to sell their businesses to their employees as a business succession plan. 
May. 19
Employee Ownership Deepens and Adds Durability to U.S. Competitiveness Bipartisan Sanders/Moran WORK Amendment Should Be Included in S. 1260
The ESOP Association encourages Congress to strengthen The Endless Frontier Act (S. 1260) by supplementing it with the bipartisan Sanders/Moran WORK Act Amendment, which provides critical resources to educate business owners about the benefits of employee ownership and the economic and competitive stability that flows from it. Business longevity and succession planning for the millions of current American businesses facing the retirement of their owners is an essential element to any long-term American competitive strategy.
May. 19
Inaugural Public Policy Council Appointed
 
Inaugural Public Policy Council Appointed
Group Will Help Lead Employee Ownership Policy at The ESOP Association
May 18, 2021, Washington, D.C. – The ESOP Association’s Board of Directors is proud to announce the inaugural members of its Public Policy Council (PPC), led by Executive Committee Chair Peter Ney of EA Engineering and eight other members of the of the Executive Committee.
May. 05
The ESOP Association Expanding, Modernizing Public Policy and Advocacy Programs
Seeking to ride a wave of retiring business owners and the rising attention being given to employee ownership as a solution for wealth and income disparities, The ESOP Association is making a multi-year, multi-million dollar investment into government relations and public awareness.