Rick W. Allen's Retire through Ownership Act will reduce ESOP regulatory ambiguity and provide a clear framework for valuing employer stock.

Rick W. Allen · Georgia · Republican

policy impact 0.60 specificity 0.82 extraction confidence 84%

Commitment kind: outcome. Promised action: Advance the Retire through Ownership Act to clarify ESOP valuation rules.. Promised outcome: Reduced regulatory ambiguity and unnecessary risks for ESOPs, with a clear framework for valuing employer stock.. Deadline: unknown; not assumed expired. Official congressional press release following House passage of S. 2403, the Retire through Ownership Act, during Allen's service as U.S. Representative for Georgia's 12th District.

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