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S 3421 112th Congress Senate Labor and Employment Corporate finance and management Department of Labor Employee benefits and pensions Executive agency funding and structure Labor-management relations

WORK Act

Introduced: July 23, 2012 Introduced by: Sanders, Bernard Independent · Vermont See on congress.gov
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 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
 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.

What's happening now July 23, 2012

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

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1