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Major Wins for Employee Ownership in New Spending Bill
National Center for Employee Ownership [NCEO] Link to more items from this source
[Guidance Overview]
Jan. 4, 2023

"The most important change for employee ownership is the passage of the Worker Ownership, Readiness, and Knowledge (WORK) Act ... The WORK Act provisions (incorporated into the bill as Section 346 of the SECURE 2.0 Act) [1] direct the [DOL] to create an Employee Ownership Initiative within the department to coordinate and fund state employee ownership outreach programs and [2] require the DOL to set new standards for ESOP appraisals."  MORE >>

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