· IN legislature · 2025

ESOP linked deposit program.

Requires the treasurer of state (treasurer) to establish and administer a program to assist Indiana companies in obtaining financing from a financial institution for the purchase of company shares by an employee stock ownership plan (ESOP). Allows the treasurer and a financial institution to enter into an agreement…

Sponsor

Jake Teshka (R-IN)

Introduced

2025-01-08

Policy area

Finance and Financial Sector

Latest action

Representatives Pierce K and Andrade added as coauthors