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The ESOP Association

ESOP Association Resources

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
Jan. 28
Pro-ESOP Legislation Passes Pennsylvania House
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.