- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on Health, Education, Labor, and PensionsIntroducedMay 23rd, 2019
- senate Committees
At a time of wage stagnation, employee ownership in companies is a way to help workers become more financially stable and build more wealth. Employee-owned companies are stronger, more likely to treat their workers well and less likely to outsource jobs overseas.
The literature on employee-owned companies’ performance is mixed; so it’s hard to sure that employee ownership is the best thing to promote from a business perspective. Additionally, given that many Americans already have ownership in their companies through stocks, pensions and other plans, it’s not clear how necessary this bill is.