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Full Text of this Amendment
On page 29, after line 20, insert the following:
SEC. 22. FIDUCIARY EXCLUSION.
Section 3(21)(A) of the Employee Retirement Income and Security Act of 1974 (29 U.S.C. 1002(21)(A)) is amended by inserting "and except to the extent a person is providing an appraisal or fairness opinion with respect to qualifying employer securities (as defined in section 407(d)(5)) included in an employee stock ownership plan (as defined in section 407(d)(6))," after "subparagraph (B),".
(As printed in the Congressional Record for the Senate on Jun 14, 2011.)