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- S.2914
S.2914: United States Employee Ownership Bank Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about labor and employment
- Introduced Dec. 18, 2009
- Latest Major Action Dec. 18, 2009
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
United States Employee Ownership Bank Act - Directs the Secretary of the Treasury to establish the United States Employee Ownership Bank to foster increased employee ownership and greater employee participation in company decision making throughout the United States. Authorizes the Bank to make loans, on a direct or guaranteed basis, and which may be subordinated to the interests of all other creditors, to employees to purchase a company...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| Dec. 18, 2009 |
Introduced in the Senate by Bernard Sanders (ID-Vt.) |