unverified · Source version 87279 · locator unknown
Mr. SANDERS (for himself, Mrs. GILLIBRAND, Mr. LEAHY, Mr. BROWN, Ms. HASSAN, and Ms. WARREN) introduced the following bill
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Hassan was an original co-sponsor of a 2017 bill to establish an employee ownership and participation initiative.
unverified · Source version 87281 · locator unknown
Senators Maggie Hassan and Jeanne Shaheen joined a group of their colleagues in introducing two pieces of legislation to help workers form employee-owned businesses.
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Hassan's office documented additional legislative effort aimed directly at expanding employee-owned businesses.
The Secretary shall establish within the Department of Labor an Employee Ownership Initiative to promote employee ownership.
Fetched verbatim passage. AI summary (separate from source): The enacted U.S. Code now requires a Department of Labor Employee Ownership Initiative, a concrete federal mechanism to encourage employee ownership.
unverified · Source version 87285 · locator unknown
Vote Result: Motion Agreed to
Unverified model/legacy excerpt; not proof. AI summary (separate from source): Hassan voted Yea on the final Senate motion for H.R. 2617, the vehicle that became Public Law 117-328 and included the WORK Act provisions.
In February 2026, Congress appropriated $2 million within the Consolidated Appropriations Act of 2026 for grants authorized by section 346 of the SECURE 2.0 Act of 2022.
Fetched verbatim passage. AI summary (separate from source): The Department of Labor reports the employee ownership initiative was implemented and later received grant funding, furthering the ownership-adoption goal.
Create a new position within the Employee Ownership Initiative that would promote employee ownership and coordinate interactions between DOL and other agencies, employers, workers, and other interested parties.
Fetched verbatim passage. AI summary (separate from source): A later Hassan-cosponsored employee-ownership bill passed the Senate but remained an unenacted effort as of this refresh.