Senator Marshall Leads Letter Promoting Employee Stock Ownership Plans
August 06, 2024
August 06, 2024
WASHINGTON, Aug. 6 -- Sen. Roger Marshall, R-Kansas, issued the following news release:
Today, U.S. Senator Roger Marshall, M.D., led a bipartisan letter calling on the U.S. Department of Labor (DOL) to complete a final regulation governing the "adequate consideration" exemption for employee stock ownership plans (ESOP).
The Employee Retirement Income Security Act (ERISA) allows ESOPs to buy employer stock using funds borrowed from the ESOP's sponsoring compan . . .
Today, U.S. Senator Roger Marshall, M.D., led a bipartisan letter calling on the U.S. Department of Labor (DOL) to complete a final regulation governing the "adequate consideration" exemption for employee stock ownership plans (ESOP).
The Employee Retirement Income Security Act (ERISA) allows ESOPs to buy employer stock using funds borrowed from the ESOP's sponsoring compan . . .