# 116-hr-5851: 2019 ESOP Fairness Act

116-hr-5851, 2019 ESOP Fairness Act, is a 116th Congress bill sponsored by Rep. Higgins, Brian [D-NY-26] (D-NY); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-5851
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-5851
- Congress: 116
- Title: 2019 ESOP Fairness Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2020-02-11
- Sponsor: Rep. Higgins, Brian [D-NY-26] (D-NY)
- Cosponsors: 6
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

2019 ESOP Fairness Act This bill allows certain over-the-counter securities to be treated as publicly traded employer securities for purposes of the diversification requirements for employee stock ownership plans (ESOPs).

## Cosponsors (6)

- Rep. Kelly, Mike [R-PA-16] (R-PA), 2020-02-11T00:00:00.000Z
- Rep. Buchanan, Vern [R-FL-16] (R-FL), 2020-06-25T00:00:00.000Z
- Rep. Sánchez, Linda T. [D-CA-38] (D-CA), 2020-06-25T00:00:00.000Z
- Rep. Walorski, Jackie [R-IN-2] (R-IN), 2020-06-25T00:00:00.000Z
- Rep. Pascrell, Bill, Jr. [D-NJ-9] (D-NJ), 2020-08-07T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2020-08-07T00:00:00.000Z

## Related bills

- 116-hr-1570: Removing Barriers to Colorectal Cancer Screening Act of 2020
- 116-hr-748: CARES Act
- 116-hr-7642: Coronavirus Economic Relief for Transportation Services Act
- 116-hr-4305: PAWS for Veterans Therapy Act
- 116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act
- 116-hr-1980: Smithsonian Women’s History Museum Act

## Sources
- [116-hr-5851 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/5851)

## Related
- [116-hr-1570: Removing Barriers to Colorectal Cancer Screening Act of 2020](https://policyrisk.com/legislation/116-hr-1570)
- [116-hr-748: CARES Act](https://policyrisk.com/legislation/116-hr-748)
- [116-hr-7642: Coronavirus Economic Relief for Transportation Services Act](https://policyrisk.com/legislation/116-hr-7642)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-2423)
- [116-hr-1980: Smithsonian Women’s History Museum Act](https://policyrisk.com/legislation/116-hr-1980)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-5851 (as of 2025-11-18).