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New York Comptroller General Report Encourages State Outreach for Employee Ownership

IRS Further Clarifies Position on Potentially Abusive ESOP Structures

Biden DOL, SBA, and Commerce Nominees Have Favored Employee Ownership

Pennsylvania Moves on Employee Ownership Legislation

2024 is shaping up to be potentially a very important year for employee ownership legislation at the federal and state level. Congress will need to decide whether to fund the WORK Act, momentum is building for the Employee Equity Investment Act, and state laws in Tennessee and Washington require funding. Other important legislative initiatives are being developed, but the ones described here have the best immediate prospects.

NCEO Now Has Model State Legislation and State Legislative Policy Background Memos Online The NCEO now has three documents for use in working with state legislators on prospective legislation to help move employee ownership forward.

Canadian Government Proposes Significant Tax Incentives for EOTs

New Study on ESOPs and the Pandemic

New Study for ESCA Shows Finds Strong Relationship Between ESOPs and Social Responsibility Attitudes

Employee Equity Investment Act Introduced in Both Houses with Bipartisan Support