H.R. 5169 · 119th Congress · 2025–2026
Retire through Ownership Act
H.R. 5169 in the 119th Congress (2025–2026) was introduced on Sep 8, 2025, sponsored by Rick W. Allen with 4 co-sponsors.
During the 119th Congress (2025–2026), Donald Trump was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Sep 8, 2025
- Co-sponsors
- 4
- Policy area
- Labor and Employment
What it does
Retire through Ownership Act This bill allows the fiduciary of an Employee Stock Ownership Plan (ESOP) to rely on a valuation provided by an independent valuation or business appraiser in determining the fair market value of the plan's securities if the securities are not traded on a national securities exchange (i.e., not publicly traded) and the expert or appraiser follows specified methodologies. In general, ESOPs are defi…
Summary by the nonpartisan Congressional Research Service.
Sponsor
Rick W. Allen (R-GA). Co-sponsors: 1 Democrat, 3 Republicans.
Where it stands
- IntroducedSep 8, 2025
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Placed on the Union Calendar, Calendar No. 383. (Jan 14, 2026)
More bills from Rick W. Allen in the 119th Congress
- H.R. 2988: Protecting Prudent Investment of Retirement Savings Act
- H.R. 4626: Don’t Mess With My Home Appliances Act
- H.R. 5509: Safe Step Act
- H.R. 6122: BARN Act
- H.R. 7195: Timber Harvesters, Haulers, and Landowners Market Disruptions Relief Act
- H.R. 7895: PBM Kickback Prohibition Act
- H.R. 9798: Employer Health Plan Flexibility Act
Other Labor and Employment bills in the 119th Congress
- H.R. 20: Richard L. Trumka Protecting the Right to Organize Act of 2025
- S. 500: CAREER Act of 2025
- H.R. 989: To codify Executive Order 11246 titled "Equal Employment Opportunity".
- H.R. 1055: CONSTRUCTS Act of 2025
- H.R. 1156: Pandemic Unemployment Fraud Enforcement Act
- H.R. 1319: Modern Worker Empowerment Act
- H.R. 1895: Delphi Retirees Pension Restoration Act
- S. 1950: Susan Muffley Act of 2025
- H.R. 2262: Flexibility for Workers Education Act
- H.R. 2270: Empowering Employer Child and Elder Care Solutions Act
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 5169 (119th Congress): Retire through Ownership Act,” https://www.capitolreceipts.com/bill/119-hr-5169/retire-through-ownership-act (accessed 2026-10-15).