WASHINGTON, Sept. 17 -- Sen. Roger Marshall issued the following press release:
Washington -U.S. Senator Roger Marshall, M.D. (R-Kansas), released the following statement after the U.S. House of Representatives passed his bipartisan legislation strengthening employee ownership in America.TheRetire through Ownership Actprovides legal and regulatory clarity, making the formation of new employee stock ownership plans (ESOPs) easier and the operation of currentESOPs less burdensome.
"For 50 years, the ESOP community has been asking for clarity, and today, Congress delivered. This bill provides the certainty needed to protect and expand employee ownership across America,"said Senator Marshall."ESOPs are one of the most powerful tools we have t...