Blue Ridge ESOP Associates Industry News

"Main Street Ownership Act" is Law!

Posted by Blue Ridge ESOP Associates

Aug 15, 2018 2:30:29 PM

gavelThe "Main Street Ownership Act" was signed into law on Monday under the "National Defense Authorization Act". In May we shared that this new pro-ESOP legislation is a bi-partisan bill that allows an easier transition for small businesses to become employee owned. Thank you Senator Gillibrand for  drafting a bill that is now law which will  support the future growth of ESOPs.