Allen’s ‘Retire through Ownership Act’ headed to Trump’s desk

Legislation that would provide legal and regulatory clarity in the formation of new Employee Stock Ownership Plans (ESOPs) and was initially introduced by U.S. Rep. Rick Allen, R-GA, is headed to the President’s desk. The Senate version of “The Retire through Ownership Act.” was recently passed by the House by a vote of 401-14, and will become law with the President’s signature.

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Jack convenes hearing on impact of digital assets on small businesses

U.S. Rep. Brian Jack, R-Ga., is examining the impact of digital assets on small businesses. As chairman of the House Small Business Subcommittee on Innovation, Entrepreneurship, and Workforce Development, Jack recently convened a hearing titled “Main Street Meets Crypto: What Digital Assets Mean for Small Businesses,” exploring the opportunities and challenges that digital assets present for America’s small business community.

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Metro Atlanta Chamber talks housing

It’s not exactly a secret that the U.S. has a housing affordability issue. And in light of the Federal Reserve raising interest rates this week, the housing issue may be deepening. With interest rates inching upward, borrowing costs to buy a house are higher, and so are the costs associated with building new homes. 

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Georgia lawmakers back the Braves

As the Atlanta Braves continue their playoff battle with the LA Dodgers, a group of Georgia lawmakers are backing them in a battle of their own.  U.S. Reps. Brian Jack and Lucy McBath, along with U.S. Sen. Raphael Warnock, have introduced legislation to extend a provision in the 2021 American Rescue Plan that would allow publicly traded organizations – like the Braves – to treat some of their high-salaried players like executives as a normal business would.  This savvy tax move would save the team more than $20 million next season, money which now can be reinvested in the squad, which has the Braves and their fans RISING…

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