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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
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Plain-English summary Congressional Research Service

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 February 11, 2020

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3270: 2020 ESOP Fairness Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-3270/
MLA
"S. 3270: 2020 ESOP Fairness Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-3270/.
Bluebook (legal)
S. 3270, 116th Cong. (2026), https://openamerica.io/bill/116-S-3270/.
Markdown link
[S. 3270: 2020 ESOP Fairness Act](https://openamerica.io/bill/116-S-3270/)
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