Retire through Ownership Act

Hozzl · 2025-10-18T08:05:46Z

Explore the details of Senate Bill 2403 Retire through Ownership Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Labor and Employment. Stay informed on legislative developments.

10/18/2025, 8:05 AM

Summary of Bill S 2403

This bill, titled "A bill to amend the Employee Retirement Income Security Act of 1974" and designated as S. 2403 in the 119th Congress, aims to provide a clear definition of adequate consideration for certain closely held stock. The bill, introduced on July 23, 2025, includes provisions related to retirement income security and stock valuation within closely held companies.

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Current Status of Bill S 2403

Bill S 2403 is currently in the status of Passed in Senate since October 9, 2025. Bill S 2403 was introduced during Congress 119 and was introduced to the Senate on July 23, 2025. Bill S 2403's most recent activity was Held at the desk. as of October 17, 2025

Bipartisan Support of Bill S 2403

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2403

Primary Policy Focus

Labor and Employment

Alternate Title(s) of Bill S 2403

Retire through Ownership Act

A bill to amend the Employee Retirement Income Security Act of 1974 to provide a clear definition of adequate consideration for certain closely held stock, and for other purposes.