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U.S. HouseS. 2403

Retire through Ownership Act

Passed 401–14Bipartisan

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 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. (official summary)

Question before the chamber: On Motion to Suspend the Rules and Pass

A yes vote suspended the House rules and passed S. 2403, the Retire through Ownership Act, under a fast-track procedure that requires a two-thirds majority. (AI-written)

Read the official record ↗

The tally

Yes 401 · No 14 · Not voting 18

Bar: green = yes, brown = no, striped = not voting.

Votes by party
PartyYesNoNot voting
Democrats20905
Republicans1911413
Other or unknown party100

Most Democrats voted yes; most Republicans voted yes. 14 members voted against their party’s majority.

Voted against their party’s majority

The full roll (433)

Yes 401

No 14

Not voting 18

“Not voting” is a recorded non-vote, not a reason for the absence. Parties come from public rosters; how we count.