Legis Daily

2021 ESOP Fairness Act

USA117th CongressS-1559| Senate 
| Updated: 5/11/2021
Thomas Tillis

Thomas Tillis

Republican Senator

North Carolina

Cosponsors (2)
Kyrsten Sinema (Independent)Gary C. Peters (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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).
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Timeline

Bill from Previous Congress

S 116-3270
2020 ESOP Fairness Act
May 11, 2021
Introduced in Senate
May 11, 2021
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 116-3270
    2020 ESOP Fairness Act


  • May 11, 2021
    Introduced in Senate


  • May 11, 2021
    Read twice and referred to the Committee on Finance.

Taxation

Business recordsEmployee benefits and pensionsFinancial services and investmentsSecurities

2021 ESOP Fairness Act

USA117th CongressS-1559| Senate 
| Updated: 5/11/2021
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).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-3270
2020 ESOP Fairness Act
May 11, 2021
Introduced in Senate
May 11, 2021
Read twice and referred to the Committee on Finance.
  • Bill from Previous Congress

    S 116-3270
    2020 ESOP Fairness Act


  • May 11, 2021
    Introduced in Senate


  • May 11, 2021
    Read twice and referred to the Committee on Finance.
Thomas Tillis

Thomas Tillis

Republican Senator

North Carolina

Cosponsors (2)
Kyrsten Sinema (Independent)Gary C. Peters (Democratic)

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Business recordsEmployee benefits and pensionsFinancial services and investmentsSecurities