S. 1728: Employee Ownership Representation Act of 2025

119th Congress · introduced 2025-05-13 · Labor and Employment · Latest: Held at the desk.

federal

Official title

Employee Ownership Representation Act of 2025

Plain summary

Employee Ownership Representation Act of 2025 This bill expands the membership of the Advisory Council on Employee Welfare and Pension Benefit Plans to include two representatives of employee ownership organizations. The advisory council generally advises and makes recommendations to the Department of Labor about the department's functions under the Employee Retirement Income Security Act of 1974 (ERISA).

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Employee Ownership Representation Act of 2025

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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Alternatives

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Officials and money

Sponsor: Sen. Cassidy, Bill [R-LA] · 2 cosponsors

Money: CBO cost estimate: S. 1728, Employee Ownership Representation Act of 2025 (2026-06-24) No linked contracts or vendors yet.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119s1728.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/s>

Record fed-us-cong119-s1728 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills