Roger Marshall (R-KS)
Their billRetire through Ownership Act
A Republican bill with 1 Democratic cosponsor. See the voting map.
Became law
The House voted 401–14 on Sep 16.
This bill amends the Employee Retirement Income Security Act of 1974. The main purpose is to provide a clear definition of adequate consideration for certain closely held stock.
Yes· 2 of 4
- Scored +4
Would people over 65 be better off under this?
The act benefits retirees by clarifying the valuation process for employee stock ownership plans.
- Scored +4
Would retired people be better off under this?
Improving the clarity of stock valuation for ESOPs supports more stable retirement transitions.
The opposite
- Scored -2
Does this give the federal government more power?
The bill restricts the expansion of the Secretary's regulatory authority.