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Senate bill · 119th Congress · Public Law 119-124

Retire through Ownership Act

S. 2403Introduced Jul 23, 2025Policy area: Labor and Employment

Became law on Oct 15, 2026.

Official title: 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.

Sponsor: Sen. Roger Marshall R-KS
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Where it went

Latest action: Oct 15, 2026 — Became Public Law No: 119-124.

Vote results

1 recorded roll-call vote on S. 2403. The vote that moved the bill is first.

1HOUSE · SEP 16, 2026

Passed the House

401–14PASSED
R 191–14 D 209–0 I 1–0

On Motion to Suspend the Rules and Pass · roll 314 · 18 not voting

Yea–nay by party (R = Republicans, D = Democrats, I = independents). Counts for present and not-voting members are shown where there were any. Showing all 1 of 1 recorded votes. Sorted by date; within a chamber by roll-call number.

Cosponsors

1 cosponsor — 1 Democrat

1 of 1 cosponsors (100%) are from the other party.

Timothy Kaine (D-VA).

More from the sponsor

Other 119th Congress bills sponsored by Sen. Roger Marshall.

Related bills

Relationships as recorded by Congress.gov.

Sponsor’s state and district

Kansas in Congress

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Data as of Oct 21, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.