S 1559 117th Congress Senate Taxation Business records Employee benefits and pensions Financial services and investments Securities

2021 ESOP Fairness Act

Introduced: May 11, 2021 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

May 11, 2021

Read twice and referred to the Committee on Finance.

May 11, 2021

Introduced in Senate

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Plain-English summary Congressional Research Service

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).

What's happening now May 11, 2021

Read twice and referred to the Committee on Finance.

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Finance Committee
Senate

Cosponsors 1

Peters, Gary C.

Michigan · May 11, 2021

Cite this page click to expand

APA

U.S. Congress. (2026). S. 1559: 2021 ESOP Fairness Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-1559/

MLA

"S. 1559: 2021 ESOP Fairness Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-1559/.

Bluebook (legal)

S. 1559, 117th Cong. (2026), https://openamerica.io/bill/117-S-1559/.

Markdown link

[S. 1559: 2021 ESOP Fairness Act](https://openamerica.io/bill/117-S-1559/)