EO Legislation Moves Forward in Congress
by Corey Rosen, National Center for Employee Ownership
For the first time since the late 1970s, non-tax bills to promote employee ownership are moving in Congress. Two bills, both of which focus on the Small Business Administration, have passed in a committee without dissent, and both have bipartisan support. One of these, the Main Street Employee Ownership Act, has already passed the House. In a time when it seems impossible for Congress to do anything except approve judges and ...