Blog Post May 2, 2022

Maine Law Encourages Employee Ownership in Renewable Energy Sector

A new law in Maine, LD 1969, directs the Maine Public Utilities Commission to require that any renewable energy project in the state receiving $50,000 or more in state funding to meet certain labor standards, including paying prevailing wages.
Blog Post April 27, 2021

Major Texas ESOP Initiative Moving Forward

The Texas House of Representatives has set up a hearing on H.B. 2246, “An act relating to companies in which employees have ownership interests through employee stock ownership plans.”
Blog Post January 3, 2023

Major Wins for Employee Ownership in New Spending Bill

The Consolidated Appropriations Act of 2023, an omnibus spending bill with many parts, contains major wins for employee ownership as part of the SECURE 2.0 Act of 2022, including the passage of the WORK Act.
Blog Post October 7, 2020

Member Focus: Litehouse, Inc.

At this year's Fall ESOP Forum, we wanted to highlight the member companies that are going above and beyond the call of duty in making their ESOP, their employee-owners, and their communities thrive.
Blog Post November 8, 2019

Michigan Bills Would Encourage Employee Ownership

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.
Blog Post March 23, 2022

Minnesota Bill Would Provide Low-Interest Loans for Employee Ownership

HF 3733, a bill to help build community wealth in Minnesota, would create a low-interest loan program to support employee ownership, community land trusts, or cooperatives focused on providing wealth-building opportunities for historically disadvantaged groups, including people of color, women, disabled veterans, and low-income workers.