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The ESOP Association's Advocacy Programs and Councils

ESOP Association Advocacy

The ESOP Association works to empower passionate employee owners to become key participants in the political process. The Employee Ownership Action Network (EOAN), the ESOP Ambassador Program, the Advocacy Academy, and the ESOP Political Action Committee (ESOP PAC), allow our community the opportunity to maximize our political strength and leverage the weight of our collective voice through mobilization and articulation of strong, clear, messages to policy makers.

TEA's advocacy priorities are guided by our members. If you have a federal policy or regulatory concern that relate to ESOPs we encourage you to submit them here for the Public Policy Council to review.

The ESOP Association and The Department of Labor

TEA’s Proposal for a U.S. Department of Labor Regulation Regarding the Definition of Adequate Consideration

The ESOP Association today released a model framework for the U.S. Department of Labor’s (DOL) current rulemaking regarding what is known as the “adequate consideration exemption” for ESOP transactions. The exemption enables the proper formation and operation of Employee Stock Ownership Plans and their ownership of employer securities on behalf of the employees of the sponsoring firm. It remains an undefined, but bedrock requirement without which ESOPs cannot exist. Yet the primary regulator, the U.S. Department of Labor, has failed to promulgate a regulation properly describing adequate consideration in the nearly 50 years since ERISA was signed into law.

Press Release >>

TEAs Transmittal Letter >>

Esop association advocacy programs

Employee Ownership Action Network (EOAN)

EOAN is a free-to-join, grassroots advocacy network for everyone with a stake in employee ownership. It takes just seconds to join and your support will mean years of advocacy victories and continued growth for ESOPs.

ESOP Ambassadors

As a member of the ESOP community, your voice is the strongest tool we have to affect change. ESOP Ambassadors are the vocal leaders within the ESOP community committed to building meaningful relationships with Members of Congress.

The Advocacy Academy 

The Advocacy Academy is TEA's premier advocacy training program. Our goal is to build your foundational knowledge and provide you with the tools you need to succeed. Join us for our inaugural event at the National Conference. 

the power of esops

0
Employee Owners in the United States
(that's more than the entire auto industry)
0
ESOP Companies
Top Industries
for ESOP Companies are:

MAKE A DIFFERENCE

Make a difference

Elections matter and have a lasting impact. That’s why it is crucial for TEA members to be engaged in the political process every step of the way.

ESOP PAC is the voluntary, non-partisan Political Action Committee (PAC) of the ESOP Association. ESOP PAC is the oldest political entity specifically charged with supporting pro-employee ownership elected officials.

TEA COUNCILS

The New Public Policy and Corporate Councils from The ESOP Association

In order to best serve the needs of our growing community, TEA has formed two prestigious new Councils. The Public Policy Council is comprised of members who are our most active and knowledgeable ESOP Advocates. These community leaders are given the opportunity to work with TEA's top leadership and our advocacy team to assist in formulating the public policy positions of The Association and our nationwide legislative and regulatory priorities.

For ESOP companies that wish to engage in partnership with TEA on a higher level, TEA has created the Corporate Council. Council members have the opportunity to meet regularly with TEA staff and participate in exclusive strategy and information sharing discussions.