S 3270
116th Congress
Senate
Taxation
Business records
Employee benefits and pensions
Financial services and investments
Securities
2020 ESOP Fairness Act
Introduced: February 11, 2020
Introduced by:
Tillis, Thomas
Republican
· North Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 11, 2020
Read twice and referred to the Committee on Finance.
Feb 11, 2020
Introduced in Senate
Plain-English summary
2020 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).
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1