S. 2403
HouseRetire through Ownership Act
The House of Representatives has passed this bill. It now moves to the Senate.
In brief
This legislation establishes new programs to encourage retirement savings through employee ownership structures. It specifically creates incentives for businesses to adopt Employee Stock Ownership Plans (ESOPs) and provides technical assistance to small businesses transitioning to employee-owned models. The bill affects private-sector employers and employees nationwide, seeking to expand long-term wealth building through ownership stakes. It was introduced in the Senate and passed the House following a motion to suspend the rules.
Votes recorded
Tallies as reported by the House Clerk and the Senate. Individual member votes are available on the linked source page.
Timeline
Every recorded action, oldest first.
September 16, 2026 · House
Passed the House
The House passed the Retire through Ownership Act by a vote of 401-14.
Passed 401-14
Next: Awaits signature by the President.
SourceSeptember 16, 2026 · House
Vote recorded
The House passed the Retire through Ownership Act by a 401-14 vote under suspension of the rules.
Passed 401-14
Next: Sent to the President.
Source