SENATE 1559117th CongressRead twice and referred to the Committee on Finance.
2021 ESOP Fairness Act
- Last Action
- 5/11/2021
Actions
- 2021-05-11Read twice and referred to the Committee on Finance.
- 2021-05-11Introduced in Senate
CRS Summary
As of 2021-05-11 (00)
2021 ESOP Fairness Act
This bill allows certain over-the-counter securities to be treated as publicly traded employer securities for purposes of the diversification requirements for employee stock ownership plans (ESOPs).
Cosponsors (2)
- Gary Peters (D-MI)
- Kyrsten Sinema (D-AZ)
Subjects
- Business records
- Employee benefits and pensions
- Financial services and investments
- Securities
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.