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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. 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
Apr. 22
The ESOP Association Statement of Support for Bipartisan House “Golden-preneurship Act”
On behalf of the more than 10.6 million American employee-owners with an ownership interest in an Employee Stock Ownership Plan (ESOP) company, The ESOP Association applauds Representative Young Kim of California, along with Reps. Jason Crow of Colorado, Dean Phillips of Minnesota, and Elise Stefanik of New York, for introducing a bipartisan “Golden-preneurship Act” in the House.
Apr. 05
House Education and Labor Committee Passes Retirement Security Package
Includes Employee Ownership and Business Succession Provisions
Apr. 01
Rep. Lucy McBath Introduces the Protecting America’s Retirement Security Act
Includes Employee Ownership and Participation Initiative at US Department of Labor
Jul. 30
Washington Alert: A Step Closer for ESOPs with the Main Street Employee Ownership Act
One Step Closer for ESOPs with the Main Street Employee Ownership Act
 
TEA is pleased to share that recently the House of Representatives passed legislation, now heading to the Senate, that includes some strong provisions supporting ESOPs and employee ownership.   
Jul. 21
Ted Becker: 2021 Lifetime Service Award Recipient
Ted Becker Wins Lifetime Service Award
 
Washington, DC, July 19, 2021 – Theodore “Ted” Becker, Partner at McDermott Will & Emery in Chicago, has been awarded the ESOP community’s highest honor, The 2021 Lifetime Service Award. The Lifetime Service Award honors individuals who have made a significant, long-term contribution to employee ownership and the ESOP community.
Jul. 02
2021 Employee Owner of the Year Announced
Washington, DC, June 21, 2021 - Jessica Molnar, Intern Architect at Wiley|Wilson, based in Lynchburg, VA has been named The ESOP Association’s 2021 Employee Owner of the Year. This award recognizes a non-management employee owner who provides a positive influence in the company and participates in the company’s employee ownership activities and the activities of The ESOP Association (TEA). It is one of the highest honors that TEA bestows.
Jul. 02
2021 ESOP Company of the Year Announced
Washington, DC, June 21, 2021 - Recology, a resource recovery ESOP company based in San Francisco, CA, has won The ESOP Association’s highest corporate honor—the ESOP Company of the Year Award. The award honors a company that actively participates in the employee ownership community and that demonstrates a dedication to The ESOP Association’s vision of employee participation, wealth creation, and individual dignity and worth.