Legis Daily

Employee Ownership Representation Act of 2025

USA119th CongressS-1728| Senate 
| Updated: 10/17/2025
Bill Cassidy

Bill Cassidy

Republican Senator

Louisiana

Cosponsors (2)
Margaret Wood Hassan (Democratic)John W. Hickenlooper (Democratic)

Health, Education, Labor, and Pensions Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislation, known as the Employee Ownership Representation Act of 2025, aims to significantly enhance the promotion and support of employee ownership structures. It expands the existing Advisory Council on Employee Welfare and Pension Benefit Plans by adding two representatives from employee ownership organizations, increasing its total members to seventeen. A key provision is the establishment of a new Office of Employee Ownership within the Department of Labor, operating independently of the Employee Benefits Security Administration. This office will be responsible for executing the Employee Ownership Initiative, with a Director appointed by the Secretary of Labor. The Act also creates a distinct Advisory Council on Employee Ownership , comprising seven members appointed by the Secretary of Labor to advise on employee ownership matters. This council will meet regularly and submit annual reports with recommendations. Finally, the bill establishes an Advocate for Employee Ownership position within the Department of Labor's Employee Ownership Initiative. This advocate will serve as a crucial liaison, providing public education, assisting in dispute resolution, and recommending legislative and administrative changes to foster the growth of employee ownership, including employee stock ownership plans. The Advocate will also coordinate with other federal agencies and submit annual reports on their activities.

Bill Text Versions

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3 versions available

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Timeline
May 13, 2025
Introduced in Senate
May 13, 2025
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jul 30, 2025
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
Sep 11, 2025
Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
Sep 11, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 157.
Oct 9, 2025
Passed Senate with an amendment by Unanimous Consent.
Oct 9, 2025
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Oct 16, 2025
Message on Senate action sent to the House.
Oct 17, 2025
Received in the House.
Oct 17, 2025
Held at the desk.
  • May 13, 2025
    Introduced in Senate


  • May 13, 2025
    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.


  • July 30, 2025
    Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.


  • September 11, 2025
    Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.


  • September 11, 2025
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 157.


  • October 9, 2025
    Passed Senate with an amendment by Unanimous Consent.


  • October 9, 2025
    Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.


  • October 16, 2025
    Message on Senate action sent to the House.


  • October 17, 2025
    Received in the House.


  • October 17, 2025
    Held at the desk.

Labor and Employment

Related Bills

  • S 119-2474: Advocate for Employee Ownership Act
Advisory bodiesEmployee benefits and pensions

Employee Ownership Representation Act of 2025

USA119th CongressS-1728| Senate 
| Updated: 10/17/2025
This legislation, known as the Employee Ownership Representation Act of 2025, aims to significantly enhance the promotion and support of employee ownership structures. It expands the existing Advisory Council on Employee Welfare and Pension Benefit Plans by adding two representatives from employee ownership organizations, increasing its total members to seventeen. A key provision is the establishment of a new Office of Employee Ownership within the Department of Labor, operating independently of the Employee Benefits Security Administration. This office will be responsible for executing the Employee Ownership Initiative, with a Director appointed by the Secretary of Labor. The Act also creates a distinct Advisory Council on Employee Ownership , comprising seven members appointed by the Secretary of Labor to advise on employee ownership matters. This council will meet regularly and submit annual reports with recommendations. Finally, the bill establishes an Advocate for Employee Ownership position within the Department of Labor's Employee Ownership Initiative. This advocate will serve as a crucial liaison, providing public education, assisting in dispute resolution, and recommending legislative and administrative changes to foster the growth of employee ownership, including employee stock ownership plans. The Advocate will also coordinate with other federal agencies and submit annual reports on their activities.

Bill Text Versions

View Text
3 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 13, 2025
Introduced in Senate
May 13, 2025
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
Jul 30, 2025
Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.
Sep 11, 2025
Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.
Sep 11, 2025
Placed on Senate Legislative Calendar under General Orders. Calendar No. 157.
Oct 9, 2025
Passed Senate with an amendment by Unanimous Consent.
Oct 9, 2025
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
Oct 16, 2025
Message on Senate action sent to the House.
Oct 17, 2025
Received in the House.
Oct 17, 2025
Held at the desk.
  • May 13, 2025
    Introduced in Senate


  • May 13, 2025
    Read twice and referred to the Committee on Health, Education, Labor, and Pensions.


  • July 30, 2025
    Committee on Health, Education, Labor, and Pensions. Ordered to be reported with an amendment in the nature of a substitute favorably.


  • September 11, 2025
    Committee on Health, Education, Labor, and Pensions. Reported by Senator Cassidy with an amendment in the nature of a substitute. Without written report.


  • September 11, 2025
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 157.


  • October 9, 2025
    Passed Senate with an amendment by Unanimous Consent.


  • October 9, 2025
    Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.


  • October 16, 2025
    Message on Senate action sent to the House.


  • October 17, 2025
    Received in the House.


  • October 17, 2025
    Held at the desk.
Bill Cassidy

Bill Cassidy

Republican Senator

Louisiana

Cosponsors (2)
Margaret Wood Hassan (Democratic)John W. Hickenlooper (Democratic)

Health, Education, Labor, and Pensions Committee

Labor and Employment

Related Bills

  • S 119-2474: Advocate for Employee Ownership Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Advisory bodiesEmployee benefits and pensions