Senator Olympia Snowe Co-Sponsors S. 1612 - The ESOP Promotion and Improvement Act of 2009

S. 1612, the ESOP Promotion and Improvement Act of 2010, introduced August 6, 2009 by Senator Blanche. L. Lincoln (D-AR) has a new co-sponsor that we wanted to highlight – Senator Olympia J. Snowe (R-ME). Senator Snowe serves as a senior member on the two Senate Committees with direct jurisdiction over the provisions of S. 1612: the Senate Committee on Finance, which is the Committee of original jurisdiction over all ESOP tax related causes, and as the Ranking Member of the Senate Committee on Small Business, which has jurisdiction over SBA laws and regulations that impact ESOPs.

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News

• ESOP Legislative Bulletin - White House Task Force Suggests Eliminating ESOP Tax Benefits Labels ESOPs as Bad Retirement Plans
• Order 2010 Employee Ownership Month Poster 
• The ESOP Association and the Employee Ownership Foundation Release Results of the 2010 ESOP Company Survey
• Advisory Committee on Valuation Releases Advanced Issue Brief – “Integrated Relationships of ESOP Repurchase Obligation and Valuation”  Available to TEA Members by Download in the Members Login Area / Non-Members Order in ESOP Store.
• The Congressional Company Visit Kit: Practical Steps for Unparalleled Results, Spring/Summer 2010
• Advocacy Kit Spring/Summer 2010 Edition Edition NOW Available!
• Employee Ownership Blog: White House Task Force; Vermont Hearing

Government Affairs
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Since its inception in 1978, The ESOP Association has represented the interests of all corporations that sponsor employee stock ownership plans, or ESOPs. The ESOP Association provides advocacy and educational services on behalf of its members. Corporate membership in The ESOP Association is open to all ESOP companies; our members range from closely held businesses to large public companies, and include both C and S corporations, across all industries. The ESOP Association welcomes all corporate members and pledges that our advocacy and educational initiatives will continue to serve the entire ESOP community.
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