NCEO Puts Model State Legislation and State Legislative Policy Memos Online
The NCEO now has three documents for use when working with state legislators on prospective legislation to help move employee ownership forward.
One is a memo on the case for pro-employee ownership legislation, describing the research on this topic and looking at key programs states can enact.
The second is an article on state legislation on employee ownership, describing what laws have already passed or are currently pending.
The third provides model employee ownership legislative language for proposals to create a state outreach program, a state tax credit for initial ESOP costs, rule changes to allow ESOPs to qualify for state set-aside contractual preferences, and a change in rules allowing ESOPs to own professional corporations.