H.R.2983: United States Employee Ownership Bank Act

About This Bill

Bill Version

Bill Summary

United States Employee Ownership Bank Act This bill requires the Department of the Treasury to establish the U.S. Employee Ownership Bank, which must provide, in accordance with specified terms, conditions, and other requirements, financial assistance to increase employee ownership of a company. The bill specifies that, in general, if an employer orders the closing of a plant or facility, the employer must offer its employees an opportunity to...

(Source: Library of Congress)

Bill Actions

Date Description
May 23, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 23, 2019

Introduced in the House by Peter A. DeFazio (D-Ore.)

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