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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.