HR8660Referred to Committee

To amend the Fair Labor Standards Act of 1938 to protect worker access to employer equity, and for other purposes.

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-05-04
Introduced
0
Cosponsors
HR
Type

Latest Action

Referred to the House Committee on Education and Workforce.

2026-05-04

Bill Summary

The legislation would modify federal labor laws to ensure workers can participate in company stock ownership plans and equity compensation programs without facing retaliation or barriers from their employers. It aims to protect employees' right to receive and benefit from stock options, profit-sharing arrangements, and other equity-based compensation that companies may offer. The bill affects both workers seeking ownership stakes in their employers and companies that provide these types of compensation packages.

Read the full bill text