S. 2412: Employee Ownership and Participation Initiative

Posted by Aaron Juckett, CPA, CPC, QPA, QKA on Thu, Jun 05, 2014
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Benard Bernie SandersS. 2412: Employee Ownership and Participation Initiative was introduced on June 2, 2014, by Sen. Bernard Sanders [I-VT] and co-sponsored by Sen. Sherrod Brown [D-OH], and Sen. Patrick Leahy [D-VT].  It has been referred to the  Senate Committee on Health, Education, Labor, and Pensions, and the committee chair, Sen. Thomas “Tom” Harkin [D-IA] will determine whether the bill will move past the committee stage.

This bill is a reintroduction of S. 3421: WORK Act (112th Congress) and S. 2909: WORK Act (111th Congress)

Here is the text of the legislation:

The text of S.2412 has not yet been received from GPO.  We will update when it becomes available.  Since this is a reintroduction of S. 3421: WORK Act (112th Congress), the text should be similar.

Topics: legislation, In the News

Aaron Juckett, CPA, CPC, QPA, QKA
Written by Aaron Juckett, CPA, CPC, QPA, QKA

Aaron is President and Founder of ESOP Partners and provides implementation, administration, and consulting services to hundreds of companies. He is a member of The ESOP Association (TEA) and the National Center for Employee Ownership (NCEO).

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