Governor Newsom Signs Ground-Breaking Law Giving Workers a Chance to Become Owners
SACRAMENTO, Calif., Oct. 3, 2022 /PRNewswire-PRWeb/ -- Worker-Owned Recovery California (WORC), Project Equity, and Ownership America applaud Governor Newsom for signing Senate Bill 1407 (Becker D-Menlo Park), the California Employee Ownership Act, into law. The Act equips California's small business owners with options for succession and employee engagement and gives workers across the state a chance to become co-owners of the companies where they work.