Annual elections for the board of directors of the National Center for Employee Ownership (NCEO) will take place in January, and members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 13.
The Michigan Democratic Caucus announced a bill (H.B. 5202) that would provide tax incentives for employee ownership, and a second bill (H.B. 5201) would direct the state to develop a program to assist in developing employee-owned businesses.
On October 15, the NCEO released a new publication, A Guide to DOL ESOP Investigations, that provides the first comprehensive and quantitative analysis of the Department of Labor’s ESOP investigations.