House · Roll call 314 · Sept. 16, 2026
A vote to pass S. 2403, the Retire through Ownership Act, under a fast-track procedure that requires a two-thirds majority.
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- Question
- On Motion to Suspend the Rules and Pass
- Bill
- S. 2403, Retire through Ownership Act
How each party voted
Most Democrats voted Yes (209 of 214).
Most Republicans voted Yes (191 of 218).
About this vote
The bill lets the fiduciary of an Employee Stock Ownership Plan rely on a valuation by an independent expert or appraiser to set the fair market value of the plan's shares when they are not publicly traded, if the expert follows specified methods. Suspending the rules is a fast-track procedure that limits debate, does not allow floor amendments, and needs two-thirds of those voting to pass.
This summary was drafted and checked with AI (Claude) using only the official record of the vote. Report an error
Summary by the Congressional Research Service
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 expert 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.
How each member voted
| Member | Seat | Their vote |
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