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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
Jun. 29
June 2023 ESOP Report
Welcome to your June 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 receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
Inside this issue:
Jun. 01
Senators Sanders, Cassidy Urge Dept. of Labor to Prioritize WORK Act Implementation
U.S. Senators Bernie Sanders (I-VT) and Bill Cassidy (R-LA), the Chairman and Ranking Member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, have sent a bipartisan letter to Acting Secretary of Labor Julie Su urging the Department of Labor to prioritize the WORK Act in its implementation of SECURE 2.0.
May. 31
May 2023 ESOP Report
Welcome to your May 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 receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
Inside this issue:
Apr. 26
April 2023 ESOP Report
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 receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
Inside this issue:
Apr. 14
Department of Labor Agrees to Notice and Comment Rulemaking on Adequate Consideration Exemption for ESOPs
DOL Commits to Provide Long-Sought Regulatory Clarity with Stakeholder Input on the Valuation of Company Shares to be Bought by an ESOP
Washington, D.C., April 14, 2023 – In a major victory for Employee Stock Ownership Plans (ESOPs), the U.S. Department of Labor has committed to move forward with a public notice and comment rulemaking on a key regulation the community has sought since ESOPs were first created in 1974. The regulation will clearly define Adequate Consideration under Section 408(e) of the Employee Retirement Income Security Act of 1974 (ERISA).
Mar. 31
March 2023 ESOP Report
Welcome to your March 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 receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
Inside this issue:
Feb. 24
February 2023 ESOP Report
This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss! This month also includes a special report on Cybersecurity preparedness for ESOPs.
Jan. 26
January 2023 ESOP Report
This month's issue of the ESOP Report includes The ESOP Associations advocacy victories, the expansion of Chapters, and ESOP New Year's resolutions.