States / Rhode Island / HB 7964
HB 7964 Failed
AN ACT RELATING TO LABOR AND LABOR RELATIONS -- THE RHODE ISLAND OPPORTUNITY FOR EMPLOYEE OWNERSHIP ACT
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Establishes an opportunity for employee ownership where the owner notifies all current full-time and part-time employees and provides them with a 30-day window in which to initiate a process to potentially purchase the business as a workers' cooperative.
- Chamber
- House
- Introduced
- Feb 27, 2026
- Last action
- Mar 30, 2026 — 03/30/2026 Committee recommended measure be held for further study
- Sponsor
- Susan Donovan D
- Session
- 2026
- Momentum
- 5 · Stalled