US SB3270 | 2019-2020 | 116th Congress
Status
Spectrum:
Status: Introduced on February 11 2020 - 25% progression, died in committee
Action: 2020-02-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 11 2020 - 25% progression, died in committee
Action: 2020-02-11 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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).
Title
2020 ESOP Fairness Act
Sponsors
| Sen. Thom Tillis [R-NC] | Sen. Gary Peters [D-MI] | Sen. Kyrsten Sinema [I-AZ] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-11 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB5851 (Related) 2020-02-11 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/senate-bill/3270/all-info |
| Text | https://www.congress.gov/116/bills/s3270/BILLS-116s3270is.pdf |
