I assure the gentleman that there is nothing in the conference report that alters the existing law that the intent of Congress is to encourage ESOP creation and operation, as clearly spelled out in Public Law 94-455. In fact, Section 844 would further that intent.
Floyd Spence: “I assure the gentleman that there is nothing in the conference report that alters the existing law that the intent of…”
Editor's note · Context
Discussing the intent of Congress regarding ESOP creation in relation to a conference report.
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