Montpelier, Vermont – August 23, 2010
Vermont Sen. Bernie Sanders is bringing a U.S. Senate hearing on employee-owned businesses to Montpelier this week.
The Senate Committee on Health Education, Labor and Pensions will hold the hearing at 11:00 a.m. on Thursday. It will focus on two bills introduced by Sanders.
The first bill would create an office that would provide training, grants and tech support for programs promoting employee ownership and participation. The second would provide loans to employees who buy a business through a stock ownership plan or cooperative.
Sen. Patrick Leahy co-sponsored both bills.