Van Hollen, Rubio, Phillips, Moore Introduce New Bipartisan, Bicameral Bill to Boost Employee Ownership of Businesses
May 17, 2023
May 17, 2023
WASHINGTON, May 17 -- Sen. Chris Van Hollen, D-Maryland, issued the following news release:
U.S. Senators Chris Van Hollen (D-Md) and Marco Rubio (R-Fla.) and U.S. Representatives Dean Phillips (D-Minn.) and Blake Moore (R-Utah) introduced bipartisan, bicameral legislation to make it easier for private companies to transfer ownership of the business to their employees. Right now, over 40 percent of U.S. corporate stock is owned by foreign investors, and foreign corporate ownership i . . .
U.S. Senators Chris Van Hollen (D-Md) and Marco Rubio (R-Fla.) and U.S. Representatives Dean Phillips (D-Minn.) and Blake Moore (R-Utah) introduced bipartisan, bicameral legislation to make it easier for private companies to transfer ownership of the business to their employees. Right now, over 40 percent of U.S. corporate stock is owned by foreign investors, and foreign corporate ownership i . . .