Retire through Ownership Act

Resumen (Servicio de Investigación del Congreso, en inglés)

Retire through Ownership Act

This bill allows the fiduciary of an Employee Stock Ownership Plan (ESOP) to rely on a valuation provided by an independent valuation expert or business appraiser in determining the fair market value of the plan's assets if the assets are not securities for which there is a generally recognized market and the expert or appraiser follows specified methodologies.

In general, ESOPs are defined contribution pension plans where employees accrue shares of their employers' stock in individual accounts as part of their compensation. After separating from employment or retiring, employees receive the cash value of their shares.

Under the bill, an independent expert or appraiser must adhere to the methodology established under the Internal Revenue Service Ruling 59-60, which prescribes the factors a professional business appraiser should consider in forming a valuation of the stock for a closely held business.

Quién hizo cabildeo sobre este proyecto

5 informes de cabildeo de 3 clientes mencionan S. 2403. El cliente es quien paga; la firma es quien hace el cabildeo. Los informes no dicen si el cliente apoya o se opone al proyecto.

Fuente: informes de la Ley de Divulgación de Cabildeo en LDA.gov, consultados el 11 de noviembre de 2026. Buscamos el número del proyecto en el texto de cada informe; un informe puede cubrir varios temas. La Oficina de Registros Públicos del Senado no puede garantizar los datos ni los análisis derivados una vez obtenidos de LDA.gov.

Todas las acciones

1. 15 de oct de 2026 — Became Public Law No: 119-124.
2. 15 de oct de 2026 — Signed by President.
3. 5 de oct de 2026 — Presented to President.
4. 16 de sept de 2026 — Motion to reconsider laid on the table Agreed to without objection.
5. 16 de sept de 2026 — On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 401 - 14 (Roll no. 314). (text: CR H5905)
6. 16 de sept de 2026 — Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 401 - 14 (Roll no. 314). (text: CR H5905)
7. 16 de sept de 2026 — Considered as unfinished business. (consideration: CR H5960)
8. 16 de sept de 2026 — At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
9. 16 de sept de 2026 — DEBATE - The House proceeded with forty minutes of debate on S. 2403.
10. 16 de sept de 2026 — Considered under suspension of the rules. (consideration: CR H5905-5906)
11. 16 de sept de 2026 — Mr. Walberg moved to suspend the rules and pass the bill.
12. 17 de oct de 2025 — Held at the desk.
13. 17 de oct de 2025 — Received in the House.
14. 16 de oct de 2025 — Message on Senate action sent to the House.
15. 9 de oct de 2025 — Passed Senate with an amendment by Unanimous Consent. (consideration: CR S7103; text: CR S7103)
16. 9 de oct de 2025 — Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
17. 11 de sept de 2025 — Placed on Senate Legislative Calendar under General Orders. Calendar No. 158.
18. 11 de sept de 2025 — Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
19. 30 de jul de 2025 — Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
20. 23 de jul de 2025 — Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
21. 23 de jul de 2025 — Introduced in Senate