John Boehner (R-OH) and Amo Houghton have introduced the "Workplace Stock Option Act of 2002" (H.R. 5242). The bill would allow employees to put aside regular tax-deductible payroll deferrals into a special trust over up to five years for the purpose of purchasing shares of their employer.
The City of Boston has a new program to "build and grow your worker cooperative or employee-owned firm." The program plans to provide technical support and capital, encourage conversio
Reps. Charles Boustany (R-La.) and Earl Pomeroy (D-N.D.) have introduced the "Employee Stock Ownership Plan Promotion and Improvement Act of 2010" (H.R. 5207) in the U.S. House of Representatives. The bill would:
Legislation introduced by Senate Barbara Boxer (D-CA) would limit the amount of employer stock that could be held in a 401(k) plan to 10% of the amount employees contribute and would require that employees be able to reallocate employer 401(k) matches in the form of company stock to other account
On December 18, Senators Barbara Boxer (D-CA) and John Corzine (D-NJ) introduced the Pension Protection and Diversification Act of 2001 to require diversification in 401(k) plans and ESOPs. Under the bill:
The Conservative-Liberal coalition in Britain has published its agenda in a document tiled "Our Programme for Government." The document contains two references to employee ownership:
The new Conservative Party Manifesto calls for widespread employee ownership in social services in Britain, an idea that has also been endorsed by the Labour Party.
