BACKGROUND 

• ESOPs deliver substantial societal benefits by improving job security, worker retention, and company performance while promoting local economic prosperity and reducing wealth inequality. 

LEGISLATIVE OPPORTUNITIES

1.

BACKGROUND

• Many ESOPs never form, or dissolve their ESOP, because of a lack of access to capital – a key factor limiting the growth of the number of ESOPs and employee ownership. 
• The American Ownership and Resilience Act (AORA), modeled on the successful SBIC program at the Small Business Administration, would help mot

LEGISLATION OVERVIEW 

• The Retire Through Ownership Act is a bipartisan bill that allows ESOP fiduciaries to rely on independent valuation experts using longstanding IRS guidelines to value ESOP stock. 
• This simple clarification would be a major catalyst for new ESOP formation and provide essential clarity for exist