2
1

Employee Ownership Financing Act

8/8/2025, 4:38 AM

Summary of Bill S 2458

The bill, introduced in the 119th Congress, aims to mandate the Secretary of Labor to create the Office of Employee Ownership, responsible for executing the Employee Ownership Initiative and setting up the Employee Ownership Loan Program. The bill's primary focus appears to be on fostering employee ownership in various capacities.

Current Status of Bill S 2458

Bill S 2458 is currently in the status of Bill Introduced since July 24, 2025. Bill S 2458 was introduced during Congress 119 and was introduced to the Senate on July 24, 2025.  Bill S 2458's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of July 24, 2025

Bipartisan Support of Bill S 2458

Total Number of Sponsors
3
Democrat Sponsors
0
Republican Sponsors
0
Unaffiliated Sponsors
3
Total Number of Cosponsors
4
Democrat Cosponsors
4
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2458

Primary Policy Focus

Alternate Title(s) of Bill S 2458

Employee Ownership Financing Act
Employee Ownership Financing Act
A bill to require the Secretary of Labor to establish the Office of Employee Ownership to carry out the Employee Ownership Initiative and establish and carry out the Employee Ownership Loan Program, and for other purposes.

Comments

Indie Ho profile image

Indie Ho

436

4 months ago

I ain't supportin' this bill, it's just gonna make things worse for us hardworkin' folks. This ain't gonna help me or anyone I know, it's just gonna benefit the big shots at the top. We need to focus on real solutions, not this mess. #UnitedStatesSBill2458 #NoThanks Overall, this bill ain't gonna do no good for regular folks like me.