,,ii #aaf? ,,congress #a/ ,session ,s4 #afff ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #bc 7legislative day1 ,may #bb71 #bjai,mr4 ,s&]s 7= himself1 ,mrs4 ,gillibr&1 ,ms4 ,hassan1 ,mrs4 ,%ahe51 ,ms4 ,w>r51 ,mr4 ,br[n1 ,mr4 ,leahy1 & ,mr4 ,blum5?al7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ,a ,,bill ,to e/abli% an ,employee ,own]%ip & ,p>ticipation ,initiative1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,work] ,own]%ip1 ,read9ess1 & ,k ,act or ! ,,"w ,act4 #b4 ,work] own]%ip1 read9ess1 & k 7a7 ,def9itions ,9 ?is section3 7#a7 ,exi/+ program ,! t]m exi/+ program means a program1 design$ to promote employee own]%ip & employee p>ticipation 9 bus9ess decisionmak+1 t exi/s on ! date on :i* ! ,secret>y is c>ry+ out a responsibility au?oriz$ "u ?is section4 7#b7 ,initiative ,! t]m ,initiative means ! ,employee ,own]%ip & ,p>ticipation ,initiative e/abli%$ "u subsection 7b74 7#c7 ,new program ,! t]m new program means a program1 design$ to promote employee own]%ip & employee p>ticipation 9 bus9ess decisionmak+1 t does n exi/ on ! date on :i* ! ,secret>y is c>ry+ out a responsibility au?oriz$ "u ?is section4 7#d7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,labor1 act+ ?r\gh ! ,assi/ant ,secret>y = ,employm5t & ,tra9+4 7#e7 ,/ate ,! t]m ,/ate means any ( ! #ej ,/ates ( ! ,unit$ ,/ates4 7b7 ,employee ,own]%ip & ,p>ticipation ,initiative 7#a7 ,e/abli%m5t ,! ,secret>y ( ,labor %all e/abli% )9 ! ,employm5t & ,tra9+ ,adm9i/ration ( ! ,dep>tm5t ( ,labor an ,employee ,own]%ip & ,p>ticipation ,initiative to promote employee own]%ip & employee p>ticipation 9 bus9ess decisionmak+4 7#b7 ,functions ,9 c>ry+ out ! ,initiative1 ! ,secret>y %all-- 7,a7 support )9 ! ,/ates exi/+ programs design$ to promote employee own]%ip & employee p>ticipation 9 bus9ess decisionmak+2 & 7,b7 facilitate )9 ! ,/ates ! =mation ( new programs design$ to promote employee own]%ip & employee p>ticipation 9 bus9ess decisionmak+4 7#c7 ,duties ,to c>ry out ! functions enum]at$ 9 p>agraph 7#b71 ! ,secret>y %all-- 7,a7 support new programs & exi/+ programs by-- 7i7 mak+ ,f$]al grants au?oriz$ "u subsection 7d72 & 7ii7 7,i7 act+ z a cle>+h\se on te*niques employ$ by new programs & exi/+ programs )9 ! ,/ates1 & dissem9at+ in=mation relat+ to ^? te*niques to ! programs2 or 7,,ii7 fund+ projects = in=mation ga!r+ on ^? te*niques1 & dissem9ation ( t in=mation to ! programs1 by gr\ps outside ! ,employm5t & ,tra9+ ,adm9i/ration2 & 7,b7 facilitate ! =mation ( new programs1 9 ways t include hold+ or fund+ an annual conf]5ce ( repres5tatives f ,/ates ) exi/+ programs1 repres5tatives f ,/ates develop+ new programs1 & repres5tatives f ,/ates )\t exi/+ programs4 7c7 ,programs reg>d+ employee own]%ip & p>ticipation 7#a7 ,e/abli%m5t ( program ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all e/abli% a program to enc\rage new programs & exi/+ programs )9 ! ,/ates to fo/] employee own]%ip & employee p>ticipation 9 bus9ess decisionmak+ ?r\gh\t ! ,unit$ ,/ates4 7#b7 ,purpose ( program ,! purpose ( ! program e/abli%$ "u p>agraph 7#a7 is to enc\rage new & exi/+ programs )9 ! ,/ates t focus on-- 7,a7 provid+ education & outrea* to in=m employees & employ]s ab\t ! possibilities & b5efits ( employee own]%ip1 bus9ess own]%ip succession plann+1 & employee p>ticipation 9 bus9ess decisionmak+1 includ+ provid+ in=mation ab\t f9ancial education1 employee teams1 op5-book managem5t1 & o!r tools t enable employees to %>e ideas & in=mation ab\t h[ _! bus9esses c succe$2 7,b7 provid+ te*nical assi/ance to assi/ employee ef=ts to become bus9ess own]s1 to enable employ]s & employees to explore & assess ! feasibility ( transf]r+ full or p>tial own]%ip to employees1 & to enc\rage employees & employ]s to />t new employee-own$ bus9esses2 7,c7 tra9+ employees & employ]s ) respect to me?ods ( employee p>ticipation 9 op5-book managem5t1 "w teams1 committees1 & o!r approa*es = seek+ great] employee input2 & 7,d7 tra9+ o!r entities to apply = fund+ "u ?is subsection1 to e/abli% new programs1 & to c>ry out program activities4 7#c7 ,program details ,! ,secret>y may include1 9 ! program e/abli%$ "u p>agraph 7#a71 provisions t-- 7,a7 9 ! case ( activities describ$ 9 p>agraph 7#b77;,a7-- 7i7 t>get key gr\ps1 su* z retir+ bus9ess own]s1 s5ior manag]s1 unions1 trade associations1 community organizations1 & economic developm5t organizations2 7ii7 enc\rage coop]ation 9 ! organization ( work%ops & conf]5ces2 & 7iii7 prep>e & di/ribute mat]ials conc]n+ employee own]%ip & p>ticipation1 & bus9ess own]%ip succession plann+2 7,b7 9 ! case ( activities describ$ 9 p>agraph 7#b77;,b7-- 7i7 provide prelim9>y te*nical assi/ance to employee gr\ps1 manag]s1 & retir+ own]s explor+ ! possibility ( employee own]%ip2 7ii7 provide = ! p]=mance ( prelim9>y feasibility assessm5ts2 7iii7 assi/ 9 ! fund+ ( objective ?ird-p>ty feasibility /udies & prelim9>y bus9ess valuations1 & 9 select+ & monitor+ pr(essionals qualifi$ to conduct su* /udies2 & 7iv7 provide a data bank to help employees f9d legal1 f9ancial1 & te*nical advice 9 connection ) bus9ess own]%ip2 7,c7 9 ! case ( activities describ$ 9 p>agraph 7#b77;,c7-- 7i7 provide = c\rses on employee p>ticipation2 & 7ii7 provide = ! developm5t & fo/]+ ( networks ( employee-own$ companies to spread ! use ( successful p>ticipation te*niques2 & 7,d7 9 ! case ( tra9+ describ$ 9 p>agraph 7#b77;,d7-- 7i7 provide = visits to exi/+ programs by /aff f new programs receiv+ fund+ "u ?is section2 & 7ii7 provide mat]ials to be us$ = su* tra9+4 7#d7 ,guidance ,! ,secret>y %all issue =mal guidance1 = recipi5ts ( grants aw>d$ "u subsection 7d7 & "o-/op p>tn]s affiliat$ ) ! ,/atewide work=ce inve/m5t sy/ems describ$ 9 section #ajf ( ! ,work=ce ,inve/m5t ,act ( #aiih 7#bi ,u4,s4,c4 #bhha71 propos+ t programs & o!r activities fund$ "u ?is section be-- 7,a7 proactive 9 enc\rag+ actions & activities t promote employee own]%ip (1 & p>ticipation 91 bus9esses2 & 7,b7 compreh5sive 9 emphasiz+ bo? employee own]%ip (1 & p>ticipation 91 bus9esses s z to increase productivity & broad5 capital own]%ip4 7d7 ,grants 7#a7 ,9 g5]al ,9 c>ry+ out ! program e/abli%$ "u subsection 7c71 ! ,secret>y may make grants = use 9 connection ) new programs & exi/+ programs )9 a ,/ate = any ( ! foll[+ activities3 7,a7 ,education & outrea* z provid$ 9 subsection 7c77#b77;,a74 7,b7 ,te*nical assi/ance z provid$ 9 subsection 7c77#b77;,b74 7,c7 ,tra9+ activities = employees & employ]s z provid$ 9 subsection 7c77#b77;,c74 7,d7 ,activities facilitat+ coop]ation among employee-own$ firms4 7,e7 ,tra9+ z provid$ 9 subsection 7c77#b77;,d7 = new programs provid$ by p>ticipants 9 exi/+ programs d$icat$ to ! objectives ( ?is section1 except t1 = ea* fiscal ye>1 ! am\nt ( ! grants made = su* tra9+ %all n exce$ #aj p]c5t ( ! total am\nt ( ! grants made "u ?is section4 7#b7 ,am\nts & conditions ,! ,secret>y %all det]m9e ! am\nt & any conditions = a grant made "u ?is subsection4 ,! am\nt ( ! grant %all be subject to p>agraph 7#f71 & %all reflect ! capacity ( ! applicant = ! grant4 7#c7 ,applications ,ea* entity desir+ a grant "u ?is subsection %all submit an application to ! ,secret>y at su* "t1 9 su* mann]1 & accompani$ by su* in=mation z ! ,secret>y may reasonably require4 7#d7 ,/ate applications ,ea* ,/ate may sponsor & submit an application "u p>agraph 7#c7 on behalf ( any local entity consi/+ ( a unit ( ,/ate or local gov]nm5t1 ,/ate-support$ in/itution ( high] education1 or nonpr(it organization1 meet+ ! requirem5ts ( ?is section4 7#e7 ,applications by entities 7,a7 ,entity applications ,if a ,/ate fails to support or e/abli% a program pursuant to ?is section dur+ any fiscal ye>1 ! ,secret>y %all1 9 ! subsequ5t fiscal ye>s1 all[ local entities describ$ 9 p>agraph 7#d7 f t ,/ate to make applications = grants "u p>agraph 7#c7 on _! own initiative4 7,b7 ,application scre5+ ,any ,/ate fail+ to support or e/abli% a program pursuant to ?is section dur+ any fiscal ye> may submit applications "u p>agraph 7#c7 9 ! subsequ5t fiscal ye>s b may n scre5 applications by local entities describ$ 9 p>agraph 7#d7 be=e submitt+ ! applications to ! ,secret>y4 7#f7 ,limitations ,a recipi5t ( a grant made "u ?is subsection %all n receive1 dur+ a fiscal ye>1 9 ! aggregate1 m ?an ! foll[+ am\nts3 7,a7 ,= fiscal ye> #bjbj1 #cjj1jjj4 7,b7 ,= fiscal ye> #bjba1 #ccj1jjj4 7,c7 ,= fiscal ye> #bjbb1 #cfc1jjj4 7,d7 ,= fiscal ye> #bjbc1 #cii1cjj4 7,e7 ,= fiscal ye> #bjbd1 #dci1bjj4 7#g7 ,annual report ,= ea* ye>1 ea* recipi5t ( a grant "u ?is subsection %all submit to ! ,secret>y a report describ+ h[ grant funds allocat$ pursuant to ?is subsection 7 exp5d$ dur+ ! #ab-mon? p]iod prec$+ ! date ( ! submission ( ! report4 7e7 ,evaluations ,! ,secret>y is au?oriz$ to res]ve n m ?an #aj p]c5t ( ! funds appropriat$ = a fiscal ye> to c>ry out ?is section1 = ! purposes ( conduct+ evaluations ( ! grant programs id5tifi$ 9 subsection 7d7 & to provide relat$ te*nical assi/ance4 7f7 ,report+ ,n lat] ?an ! expiration ( ! #cf-mon? p]iod foll[+ ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all prep>e & submit to ,congress a report-- 7#a7 on progress relat$ to employee own]%ip & p>ticipation 9 bus9esses 9 ! ,unit$ ,/ates2 & 7#b7 conta9+ an analysis ( critical co/s & b5efits ( activities c>ri$ out "u ?is section4 7g7 ,au?orizations ( ,appropriations 7#a7 ,9 g5]al ,!re are au?oriz$ to be appropriat$ = ! purpose ( mak+ grants pursuant to subsection 7d7 ! foll[+3 7,a7 ,= fiscal ye> #bjbj1 #c1hej1jjj4 7,b7 ,= fiscal ye> #bjba1 #f1jej1jjj4 7,c7 ,= fiscal ye> #bjbb1 #h1hjj1jjj4 7,d7 ,= fiscal ye> #bjbc1 #aa1eej1jjj4 7,e7 ,= fiscal ye> #bjbd1 #ad1hej1jjj4 7#b7 ,adm9i/rative exp5ses ,!re are au?oriz$ to be appropriat$ = ! purpose ( fund+ ! adm9i/rative exp5ses relat$ to ! ,initiative1 = ea* ( fiscal ye>s #bjbj ?r\gh #bjbd1 an am\nt n 9 excess (-- 7,a7 #cej1jjj2 or 7,b7 #e4j p]c5t ( ! maximum am\nt available "u p>agraph 7#a7 = t fiscal ye>4