Rutgers Announces Shared Capitalism Fellowship Awards

Rutgers University's School of Management and Labor Relations (SMLR) announced that 11 top experts and up-and-coming scholars of employee ownership, profit sharing, and broad-based stock options have been awarded fellowships to study the role that shared capitalism plays in corporations and the e

Rutgers Employee Ownership Conference

The New York/New Jersey Center for Employee Ownership, based at Rutgers University, will host its annual employee ownership conference on October 29 in New Brunswick, NJ.

S Corporation Changes: ESOPs Allowed, but with Restrictions

Under current law, employee benefit trusts cannot own stock in an S corporation. The new law would change this, effective January 1, 1998, to allow ESOPs, profit sharing plans, stock bonus plans, and 401(k) plans to own stock in their companies.

S Corporation ESOP Bill Introduced in the House

U.S. Rep. Ron Kind (D-WI) and Rep. Jason Smith (R-MO) have introduced the Savings for All Vocations Enhancement (SAVE) Act, a bill that would encourage more S corporation ESOPs by allowing sellers to get the same tax deferral available to owners of C corporations who sell to an ESOP.