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The ESOP Association

ESOP Association Resources

Chapter News, Resource
Dec. 31
Summary of Employee Ownership Month activities; winners named in the chapter ESOP Company of the Year and Employee Owner of the Year awards; Fall Conference photos; list of upcoming events. 
Advocacy, Congress, House of Representatives, ESOP Support
Dec. 12






This page lists members of the U.S. House of Representatives and Senate, broken down by state, who have shown their support of ESOPs. 



 
Alabama

House
Jun. 06
After a concerted effort, Congress and the Administration are persuaded to improve the 1996 Subchapter S ESOP Law, and beginning in 1998 it becomes allowable for Subchapter S Corporations to sponsor an ESOP. Previously, S-corporations could not sponsor ESOPs because qualified retirement plans could not own stock in the sponsoring company.