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
Plain-English summary
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1