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- S.2411
S.2411: United States Employee Ownership Bank Act
About This Bill
- Introduced June 2, 2014
- Latest Major Action June 2, 2014
- See the five similar bills introduced in other congresses.
Bill Sponsor
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 |
---|---|
June 2, 2014 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
June 2, 2014 |
Introduced in the Senate by Bernard Sanders (ID-Vt.) |