S 2909 111th Congress Senate

WORK Act

Official title: A bill to provide State programs to encourage employee ownership and participation in business decisionmaking throughout the United States, and for other purposes.

Introduced: December 18, 2009 Introduced by: Sanders, Bernard Independent · Vermont See on congress.gov

Labor and Employment Corporate finance and managementDepartment of LaborEmployee benefits and pensionsExecutive agency funding and structureLabor-management relations

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Dec 18, 2009

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Dec 18, 2009

Introduced in Senate

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Latest action December 18, 2009

Read twice and referred to the Committee on Health, Education, Labor, and Pensions.

Plain-English summary Congressional Research Service

Worker Ownership, Readiness and Knowledge Act or the WORK Act - Directs the Secretary of Labor to establish within the Department of Labor an Office of Employee Ownership and Participation to promote employee ownership and employee participation in business decisionmaking.

Requires the Office Director, with federal grants and acting as an information clearinghouse, to: (1) support existing programs in the states designed to promote employee ownership and employee participation in business decisionmaking; and (2) promote the formation of new such programs.

Directs the Secretary to establish a program, administered by the Director, which is designed to foster employee ownership and employee participation in business decisionmaking throughout the United States.

Bill text 1 version