S.3421 - WORK Act

A bill to establish an Employee Ownership and Participation Initiative, and for other purposes. view all titles (3)

All Bill Titles

  • Official: A bill to establish an Employee Ownership and Participation Initiative, and for other purposes. as introduced.
  • Short: WORK Act as introduced.
  • Short: Worker Ownership, Readiness, and Knowledge Act as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
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07/23/12
 
 
 
 
 
 
 

Official Summary

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 emplo

Official Summary

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.

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