S.1559: 2021 ESOP Fairness Act

About This Bill

Bill Sponsor

Bill Cosponsors

2 (All Democrats)

Bill Version

Bill 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).

(Source: Library of Congress)

Bill Actions

Date Description
May 11, 2021
Read twice and referred to the Committee on Finance.
May 11, 2021

Introduced in the Senate by Thom Tillis (R-N.C.)

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