ESOP Association makes a strategic investment in chapter support. 

Letter from the past and incoming presidents; annual government relations recap; chapter activities recap; featured members; new members; list of upcoming events and award programs. 

ESOP Association launches a new member database and new website.

Deadlines loom for AACE and EOM Poster competitions debug.

The Main Street Employee Ownership Act is signed into the law, as part of the John S. McCain National Defense Authorization Act for Fiscal Year 2019. The law makes it easier for small companies to use the Small Business Administration’s 7(a) program to finance a transition to an employee-owned business, such as an ESOP.

Despite strong pressure to find ways to pay for a new tax cut, The ESOP Association and its partners successfully fight to keep ESOP tax benefits intact.

The Department of Labor proposes regulations that would make advisors to ERISA plans—including ESOP appraisers—fiduciaries under ERISA. A grassroots effort on Capitol Hill helps ensure the new regulations would not adversely affect ESOPs and the “fiduciary rule” is rejected.

The ESOP Association and other employee benefit groups play a major role in Congress making permanent many Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) provisions that benefit sponsors of defined contribution plans, such as ESOPs.