Advocate for Employee Ownership Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 2474 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 2474 To require the Secretary of Labor to appoint an Advocate for Employee Ownership within the Employee Ownership Initiative, and for other purposes. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 28, 2025 Ms. Hassan (for herself and Mr. Daines) introduced the following bill; which was read twice and referred to the Committee on Health, Education, Labor, and Pensions _______________________________________________________________________ A BILL To require the Secretary of Labor to appoint an Advocate for Employee Ownership within the Employee Ownership Initiative, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Advocate for Employee Ownership Act''. SEC. 2. ESTABLISHMENT OF THE ADVOCATE FOR EMPLOYEE OWNERSHIP. (a) In General.--Subtitle A of title III of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1201…