Welcome to your April Issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss! As a benefit of your membership, you'll receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
The ESOP Association
ESOP Association Resources
Apr. 22
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
Includes Employee Ownership and Business Succession Provisions
Apr. 01
Includes Employee Ownership and Participation Initiative at US Department of Labor
Jan. 28
The Pennsylvania State house has passed HB 285 which would permit the deferral of taxation on a lump-sum distribution from Employee Stock Ownership Plans (ESOP). The legislation, sponsored by Rep. Daryl Metcalfe (R-Butler), puts the state on par with the rest of the nation and allows certain business owners who sell stock to an Employee Stock Ownership Plan (ESOP) to defer capital gains taxes collected at the sale of the business.
Jan. 27
Welcome to the first ESOP Report of 2022. Each month the ESOP Report is sent to TEA Members to keep them apprised of the latest topics, trends, news, and events in our community.