SB 108-06: Worker Representation Act (Passed)

[Joseph Cao]

Aye.

I do think two-fifths is about the right balance though. Should give us enough of the benefits that WD et al. have argued for without totally destroying the point of a company.

[Joseph Cao]

As per previous discussion, offering this amendment.

AN ACT
To provide for worker representation on corporate boards

Be it enacted by the Senate of the Republic of Atlasia assembled

Section 1. Title

1. This act may be cited as the Worker Representation Act.

Section 2

1. Not less than three two-fifths of the directors of a corporation shall be elected by the employees of the corporation using an election process. A director elected by the employees shall have the same rights and powers and shall be subject to the same duties and responsibilities as a director elected by the stockholders.

[Joseph Cao]

Abstain.

[Joseph Cao]

Abstain.