The USFWC is pleased to support the Main Street Employee Ownership Act (HR 5236), and to see that the House Committee on Small Business passed this legislative initiative.
As we work to advance worker-owned, -managed, and -governed workplaces, we believe that this bill represents an important step toward broader awareness and use of employee ownership as an opportunity for workers and businesses owners in need of a strong succession strategy. We are encouraged by Senator Gillibrand’s ongoing commitment to small business and employee ownership and we look forward to increased interagency efforts to support this work.
Read more about the Main Street Employee Ownership Act on Nonprofit Quarterly.