Number: RS21526
Title: ESOP Legislative History
Authors: Todd S. Snyder, American Law Division 
Abstract: Currently, an estimated 10 million employees participate in Employee Stock Ownership Plans (ESOPs). ESOPs are defined contribution plans primarily invested in the employers securities. These plans are believed to further motivate employees since their financial interests are more directly linked to their employers. Both employees and employers benefit from certain tax advantages. This report provides a legislative history of ESOPs.
Pages: 5
Date: Updated May 20, 2003