Status: Became Law. Latest action (Oct 15, 2026): Became Public Law No: 119-124.
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 securities if the securities are not traded on a national securities exchange (i.e., not publicly traded) and the expert or appraiser follows specifi…
House vote Sep 16, 2026: On Motion to Suspend the Rules and Pass — Passed.