A bill to provide State programs to encourage employee ownership and participation in business decisionmaking throughout the United States, and for other purposes.
Worker Ownership, Readiness and Knowledge Act or the WORK Act - Directs the Secretary of Labor to establish within the Department of Labor an Office of Employee Ownership and Participation to promote employee ownership and employee participation in business decisionmaking.
Requires the Office Director, with federal grants and acting as an information clearinghouse, to: (1) support existing programs in the states designed to promote employee ownership and employee participation in business decisionmaking; and (2) promote the formation of new such programs.
Directs the Secretary to establish a program, administered by the Director, which is designed to foster employee ownership and employee participation in business decisionmaking throughout the United States.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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