,,ii  #aacth ,,congress  #ast ,session  
,s4 #bgc  ,,in ,,the ,,senate ,,of ,,the
 ,,united ,,states  ,february #aa1 #bjac
 ,ms4 ,ayotte 7for herself1 ,mr4        
,mc,connell1 ,ms4 ,landrieu1 and ,mr4   
,blunt7 introduced the following bill2  
which was read twice and referred to the
 ,committee on ,health1 ,education1     
,labor1 and ,pensions  ,a ,,bill  ,to   
modify the definition of fiduciary under
 the ,employee ,retirement ,income      
,security ,act of #aigd to exclude      
appraisers of employee stock ownership  
plans4  #a4 ,fiduciary exclusion        
,section #c7ba77;,a7 of the ,employee   
,retirement ,income and ,security ,act  
of #aigd 7#bi ,u4,s4,c4 #ajjb7ba77;,a77 
is amended by inserting and except to   
the extent a person is providing an     
appraisal or fairness opinion with      
respect to qualifying employer          
securities 7as defined in section       
#djg7;d77#e77 included in an employee   
stock ownership plan 7as defined in     
section #djg7;d77#f771 after            

subparagraph 7,b714