Directs the Department of Commerce (Department) to provide outreach and education to business owners on employee equity ownership plans, and technical assistance to business owners to understand the feasibility of implementing these plans. Appropriates $50,000 from the General Fund to the Department each year of the 2023-25 fiscal biennium for these purposes. Permits the Department to work with any relevant nonprofits to achieve these purposes. Effective July 1, 2023.
Bill Summaries: S456 EMPLOYEE EQUITY OWNERSHIP PLAN ASSISTANCE.
Printer-friendly: Click to view
Tracking:
-
Bill S 456 (2023-2024)Summary date: Mar 30 2023 - View Summary