,,ii  #aai? ,,congress  #a/ ,session    
,s4 #bdgd  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,july #bh1 #bjbe ,ms4  
,hassan 7= h]self & ,mr4 ,da9es7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,heal?1 ,education1 ,labor1 & ,p5sions  
,a ,,bill  ,to require ! ,secret>y (    
,labor to appo9t an ,advocate =         
,employee ,own]%ip )9 ! ,employee       
,own]%ip ,initiative1 & = o!r purposes4 
#a4  ,%ort title  ,?is ,act may be cit$ 
z ! ,advocate = ,employee ,own]%ip ,act4
  #b4  ,e/abli%m5t ( ! advocate =       
employee own]%ip  7a7  ,9 g5]al         
,subtitle ,a ( title ,,iii ( ! ,employee
 ,retirem5t ,income ,security ,act (    
#aigd 7#bi ,u4,s4,c4 #abja et seq47 is  
am5d$ by add+ at ! end ! foll[+3  #cjje4
  ,advocate = employee own]%ip  7a7  ,9 
g5]al  ,! ,secret>y ( ,labor %all appo9t
 an ,advocate = ,employee ,own]%ip )9 ! 
,employee ,own]%ip ,initiative e/abli%$ 
"u section #cdf7;b77#a7 ( ! ,,secure    
#b4j ,act ( #bjbb 7division ,t ( !      

,consolidat$ ,appropriations ,act1 #bjbc
 7,public ,law #aag-cbh774 ,! appo9tm5t 
%all be made )\t reg>d to ! provisions (
 title #e1 ,unit$ ,/ates ,code1 relat+  
to appo9tm5ts 9 ! competitive s]vice or 
,s5ior ,executive ,s]vice4  7b7  ,duties
  ,! ,advocate = ,employee ,own]%ip     
%all-- 7#a7 consult ) ! head ( !        
,employee ,own]%ip ,initiative e/abli%$ 
"u section #cdf7;b77#a7 ( ! ,,secure    
#b4j ,act ( #bjbb 7division ,t ( !      
,consolidat$ ,appropriations ,act1 #bjbc
 7,public ,law #aag-cbh772  7#b7 act z a
 liaison betwe5 ! ,dep>tm5t ( ,labor1   
employee own]%ip advocates1 employ]s    
consid]+ employee own]%ip1 work]s       
int]e/$ 9 employee own]%ip1 & o!r       
/akehold]s1 includ+ employee /ock       
own]%ip plan sponsors & p>ticipants2    
7#c7 provide public education &         
assi/ance relat$ to ! expansion (       
employee own]%ip ?r\gh ! e/abli%m5t &   
ma9t5ance ( practices t promote employee
 own]%ip1 includ+ ! use ( employee /ock 
own]%ip plans2  7#d7 provide assi/ance =

 purposes ( resolv+ a dispute betwe5 !  
,dep>tm5t ( ,labor & any employee /ock  
own]%ip plan sponsor1 fiduci>y1 or      
p>ticipant & help facilitate            
communication betwe5 su* entities & !   
,dep>tm5t ( ,labor = su* purposes2  7#e7
 id5tify & recomm5d pot5tial legislative
 & adm9i/rative *anges1 includ+ relat$  
to access to capital issues1 to increase
 practices t promote employee own]%ip   
plans1 includ+ ! use ( employee /ock    
own]%ip plans2 &  7#f7 coord9ate ) o!r  
,f$]al ag5cies1 includ+ ! ,adm9i/rator (
 ! ,small ,bus9ess ,adm9i/ration1 !     
,secret>y ( ! ,treasury1 & ! ,secret>y (
 ,comm]ce1 & ,/ate & local gov]nm5ts on 
outrea* & education to in=m employees & 
employ]s ab\t ! possibilities & b5efits 
( employee own]%ip z a bus9ess own]%ip  
succession plann+ option4  7c7          
,consultation & input  ,! ,secret>y (   
,labor %all solicit advice & input f !  
,advocate = ,employee ,own]%ip 9        
develop+ regulations or int]pretations (
 ?is ,act t relate to employee /ock     

own]%ip plans4  7d7  ,comp5sation  ,!   
,advocate = ,employee ,own]%ip %all be  
entitl$ to comp5sation at ! same rate z 
! rate ( basic pay 9 effect = a position
 at level ,v ( ! ,executive ,s*$ule "u  
section #ecaf ( title #e1 ,unit$ ,/ates 
,code4  7e7  ,annual report  7#a7  ,9   
g5]al  ,n lat] ?an ,decemb] #ca ( ea*   
cal5d> ye> beg9n+ aft] ! date ( enactm5t
 ( ?is section1 ! ,advocate = ,employee 
,own]%ip %all submit a report to !      
,committee on ,heal?1 ,education1       
,labor1 & ,p5sions ( ! ,s5ate & !       
,committee on ,education & ,work=ce ( ! 
,h\se ( ,repres5tatives on ! activities 
( ! ,(fice ( ! ,advocate = ,employee    
,own]%ip dur+ ! fiscal ye> end+ dur+ su*
 cal5d> ye>1 includ+ ! cont5ts describ$ 
9 p>agraph 7#b74  7#b7  ,cont5ts  ,ea*  
report submitt$ "u p>agraph 7#a7 %all-- 
7,a7 summ>ize ! assi/ance reque/s       
receiv$ by ! ,advocate = ,employee      
,own]%ip dur+ ! fiscal ye> end+ dur+ !  
cal5d> ye> ( su* report2  7,b7 describe 
! activities1 includ+ ! activities      

describ$ "u p>agraphs 7#c7 & 7#d7 (     
subsection 7b71 & evaluate !            
effectiv5ess ( ! ,advocate = ,employee  
,own]%ip dur+ su* fiscal ye>2  7,c7     
describe any significant problems !     
,advocate = ,employee ,own]%ip has      
id5tifi$ dur+ su* fiscal ye> & ways to  
mitigate su* problems2  7,d7 conta9     
recomm5dations = any adm9i/rative or    
legislative action t may be appropriate 
to resolve b>ri]s to1 & to inc5tivize1  
practices t promote employee own]%ip1   
includ+ ! use ( employee /ock own]%ip   
plans2 &  7,e7 describe progress relat$ 
to employee own]%ip 9 bus9esses 9 !     
,unit$ ,/ates4  7#c7  ,concurr5t        
submission  ,! ,advocate = ,employee    
,own]%ip %all submit a copy ( ea* report
 submitt$ "u p>agraph 7#a7 to !         
,secret>y ( ,labor1 & any o!r           
appropriate (ficial1 at ! same "t su*   
report is submitt$ "u p>agraph 7#a74    
7#d7  ,public availability  ,! ,advocate
 = ,employee ,own]%ip %all make a copy (
 ea* report submitt$ "u p>agraph 7#a7   

available to ! public4  7#e7  ,def9ition
 ( employee /ock own]%ip plan  ,=       
purposes ( ?is section1 ! t]m employee  
/ock own]%ip plan has ! mean+ giv5 ! t]m
 9 section #dige7;e77#g7 ( ! ,int]nal   
,rev5ue ,code ( #aihf4  7f7             
,au?orization ( appropriations  ,!re is 
au?oriz$ to be appropriat$ su* sums z   
may be necess>y to c>ry out subsection  
7d74  4  7b7  ,cl]ical am5dm5t  ,! table
 ( cont5ts 9 section #a ( ! ,employee   
,retirem5t ,income ,security ,act (     
#aigd 7#bi ,u4,s4,c4 #ajja note7 is     
am5d$ by ins]t+ aft] ! item relat+ to   
section #cjjd ! foll[+ new item3  ,sec4 
#cjje4 ,advocate = employee own]%ip4  4