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Adds Employee Ownership Representatives to Council
Recent Bills/Adds Employee Ownership Representatives to Co...

Adds Employee Ownership Representatives to Council

IntroducedMay 13, 2025
In the House1 year ago
Intro
Senate
House
Pres
Ready for a House vote.
No date is set.
Labor and EmploymentAdvisory bodiesEmployee benefits and pensions
More:Bills That Passed the SenateEconomySenate Bills
Why This Matters

This bill expands the Advisory Council on Employee Welfare and Pension Benefit Plans by adding representatives from employee ownership organizations and creates an Office of Employee Ownership.

If you work for a company with employee ownership, this bill ensures your interests are represented in government discussions.
Who this affects
employees · companies
What this bill changes
  1. 1The bill increases the Advisory Council's size from 15 to 17 members.
  2. 2It adds two representatives from employee ownership organizations to the Council.
  3. 3The Secretary of Labor must establish an Office of Employee Ownership within 90 days.

Go deeper

Read the detailed summary

Employee Ownership Representation Act of 2025This bill expands the membership of the Advisory Council on Employee Welfare and Pension Benefit Plans to include two representatives of employee ownership organizations. The advisory council generally advises and makes recommendations to the Department of Labor about the department's functions under the Employee Retirement Income Security Act of 1974 (ERISA).

Read full document

Last changed 3 months ago · checked hourly

Bill Progress3 of 4
A bill has to pass the House and Senate, then go to the President.
Intro
Senate
House
Pres
IntroducedMay 13, 2025
Sponsors
See all 3 sponsors
SenateOct 9, 2025

Passed with no objections.

HouseCurrent

Ready for a House vote.

No date is set.

President

The President

Donald Trump
President
Not Sent Yet
Related Bills
Similar bill
Senate Bill · S 2403
4 of 4 · Became Law
Lets Employee-Owned Company Plans Rely on Appraisers
Retire through Ownership Act
·Economy
Similar bill
House Bill · HR 5778
1 of 4 · Introduced
Employee Ownership Education Bill
Improving SBA Engagement on Employee Ownership Act
·Economy
Similar bill
House Bill · HB 1024 (AR)
1 of 4 · Introduced
Allows Public Employees to Unionize
To Amend The Law Concerning Public Employees; And To Repeal The Law Prohibiting Collective Bargaining.
·Government