S1727Referred to Committee

Employee Ownership Fairness Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-05-13
Introduced
0
Cosponsors
S
ⓘ
Type

Sponsor

Bill Cassidy
Bill Cassidy
Republican · LA · Senator
Votes with party: 74.9% (843 recorded votes)
Top industries funding sponsor:
  • Climate & Environment$8,471k

Full profile: /officials/C001075

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the Committee on Health, Education, Labor, and Pensions.

2025-05-13

Source: Congress.gov

Committee Activity

Currently in

Plain-English Summary

The legislation would make it easier for employees to buy ownership stakes in their companies by allowing them to use retirement savings for these purchases and reducing certain tax barriers. This would particularly benefit workers at smaller companies and those interested in employee-owned businesses, while potentially giving them more say in how their workplace operates. The changes aim to expand worker ownership as an alternative way for employees to build wealth and have a stake in their company's success.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Labor and Employment
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Related legislation

Bills by the same sponsor or covering overlapping subjects.