S 3421 112th Congress Senate

WORK Act

Official title: A bill to establish an Employee Ownership and Participation Initiative, and for other purposes.

Introduced: July 23, 2012 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

Jul 23, 2012

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

Jul 23, 2012

Introduced in Senate

Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Latest action July 23, 2012

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 WORK Act - Directs the Secretary of Labor, acting through the Assistant Secretary for Employment and Training, to establish within the Employment and Training Administration an Employee Ownership and Participation Initiative to promote employee ownership and employee participation in business decisionmaking.

Requires the Secretary to establish a program, which may include grants for outreach, technical assistance, and training, to encourage new and existing state programs designed to foster employee ownership and employee participation in business decisionmaking throughout the United States.

Requires the Secretary to report to Congress on progress related to employee ownership and participation in U.S. businesses.

Bill text 1 version