S 1559 · 117th Congress · Taxation

2021 ESOP Fairness Act

Introduced 2021-05-11· Sponsored by Sen. Tillis, Thomas [R-NC]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2021-05-11)

Plain Language Summary

[AI summary unavailable — showing source text] 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).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Democrats
Sen. Peters, Gary C. [D-MI]MI
Sen. Sinema, Kyrsten [D-AZ]AZ