United States · Bill · HR
H.R. 1946 (105th)
Employee Ownership Enhancement Act
Introduced
17 June 1997
Last action
—
Status
Referred to the House Committee on Education and the Workforce.
Sponsors
—
Subjects
Discovery layer
Source updated
21 August 2025
Summary
Employee Ownership Enhancement Act - Amends the Worker Adjustment and Retraining Notification Act to require an employer which is closing a plant in connection with the termination of its business to offer its employees an opportunity to buy the business through an employee stock ownership plan. Waives such requirement if the employer orders a plant closing but: (1) will retain the plant assets to continue or begin a business; or (2) intends to continue the business conducted at such plant at another plant.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 17 June 1997
Introduced in House (PDF)
Introduced in House · EN · 17 June 1997
Introduced in House
summary · EN · 17 June 1997
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/105th-congress/house-bill/1946
- Open data entity: https://api.congress.gov/v3/bill/105/hr/1946