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- S.3419
S.3419: United States Employee Ownership Bank Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about labor and employment
- Introduced July 23, 2012
- Latest Major Action July 23, 2012
- See the five similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (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 decisionmaking throughout the United States. Authorizes the Bank to make loans to employees, on a direct or guaranteed basis (which may be subordinated to the interests of all other creditors), to purchase a company through...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| July 23, 2012 |
Introduced in the Senate by Bernard Sanders (ID-Vt.) |