arrow_back Civic Audit
Share share

Employee Ownership Advocate: Supporting Worker-Owned Businesses

This act establishes an Advocate for Employee Ownership within the Department of Labor. This new role aims to assist employees and businesses in transitioning to employee ownership models, resolve disputes, and promote the benefits of such structures. It seeks to empower citizens to participate in company profits and management.
Key points
Establishes an Advocate for Employee Ownership to support businesses and employees in adopting employee ownership.
The Advocate will help resolve disputes between the Department of Labor and employee ownership plans.
Promotes public education and awareness about the benefits of employee ownership, including Employee Stock Ownership Plans (ESOPs).
Advises on legislative and administrative changes to encourage the growth of employee ownership practices.
article Official text account_balance Process page notifications_active Track this Bill
Status: Introduced
Civic Will
Checking votes...
I support
I oppose
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 119_S_2474
Sponsor: Sen. Hassan, Margaret Wood [D-NH]
Process start date: 2025-07-28
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Advocate for Employee Ownership Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2474.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-28.

What are the main provisions?

Key points include:

  • Establishes an Advocate for Employee Ownership to support businesses and employees in adopting employee ownership.
  • The Advocate will help resolve disputes between the Department of Labor and employee ownership plans.
  • Promotes public education and awareness about the benefits of employee ownership, including Employee Stock Ownership Plans (ESOPs).
  • Advises on legislative and administrative changes to encourage the growth of employee ownership practices.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Hassan, Margaret Wood [D-NH].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Labor Economy